China’s ‘hidden debt’ drive controls borrowing for city infrastructure projects ...Middle East

NY Times News - News
China’s ‘hidden debt’ drive controls borrowing for city infrastructure projects
China’s finance ministry has banned local governments from raising illegal or non-compliant debt for municipal infrastructure projects that yield no or insufficient returns, in a bid to curb so-called hidden debt. On Monday, the Ministry of Finance, along with five other ministries, revealed they had urged local governments at the end of July to “follow […] The post China’s ‘hidden debt’ drive controls borrowing for city infrastructure projects appeared first on NY Times News Today.

Hence then, the article about china s hidden debt drive controls borrowing for city infrastructure projects was published today ( ) and is available on NY Times News ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( China’s ‘hidden debt’ drive controls borrowing for city infrastructure projects )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News