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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessLocal Govt Finance Shrinks On Tighter Debt Controls: Herald
Chinese local governments face greater supervision that discourages them from selling more debt, and net financing in May through local government financing vehicles (LGFVs) have fallen to a record low last month, the 21st Century Business Herald reported. LGFVs will face great pressure in repaying their maturing combined CNY1.6 trillion bonds in H2 if bond financing continues to tighten, and they may turn to banks for more credit lines and moderately reduce new investment projects, the newspaper said citing sources.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.