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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-government Debt Within Approval Limit - MOF
Local-government debt remained within the approved limit at the end of August, the Ministry of Finance noted in a recent report. National local-government debt stood at CNY38.7 trillion in August, within the approved limit of CNY42.1 trillion set by the National People's Congress. Central University of Finance and Economics Professor Bai Yanfeng said local governments can safely manage debt with the gradual improvement of the economy and the lowering of interest rates. Securities Daily said the central government still wants cities and counties to resolve debt risks through increased revenue, cost reduction and asset realisation.
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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.