Free Trial

Most local governments should be able...>

CHINA PRESS
MNI (London)
CHINA PRESS: Most local governments should be able to meet the annual growth
target and help meet the overall 6.5% growth for this year, the Economic
Information Daily said Friday.
- Currently, local governments are actively pushing infrastructure projects,
which aim to lay the foundation for next year's economic growth, said the Daily,
citing Zhang Jun, chief economist at Morgan Stanley.
- An issue for 2019 is to prevent a rebound in local government debt and the
leverage ratio, to avoid blind investments in infrastructure, and to focus on
improving the investment efficiency, said the paper, citing Zhang.
(Link to the story: https://0x9.me/oDYTP)
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

To read the full story

Close

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.