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The National Development and Reform...........>

CHINA
CHINA: The National Development and Reform Commission, China's top economic
planning agency, said Tuesday on its website that the authorities need to
consider the debt risks of local governments during the approval process of
enterprise bonds linked to local governments. Its provincial branches could
encourage companies to apply for banks' special bonds of market-oriented
debt-for-equity swaps, the NDRC said. The regulator will support enterprise
bonds issued for boosting house-renting businesses, the NDRC noted.

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