You are here

Fund-raising for China's local govt financing vehicles "more difficult"

Thursday, December 11, 2014 - 05:50

Shanghai

WITH US$90 billion of bonds sold by local government financing vehicles coming due next year, China is walking a fine line between teaching investors a lesson and preventing widespread defaults.

The nation's clearing agency said this week that local bonds rated lower than

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom