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The total issuances of local............>

CHINA PRESS
CHINA PRESS: The total issuances of local government bonds will be around CNY4
trillion in 2018, Shanghai Securities News reported on Wednesday, citing
analysts familiar with this issue. The new bonds issued to replace outstanding
loans will be around CNY1.8 trillion, and new local government bonds issuance
will likely amount to around CNY2 trillion, the report said. Solving the risks
of existing local government debt and controlling new issuances of local
government debts will be important tasks for local governments in 2018 to
prevent debt risks, the report said. (Shanghai Securities News)

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