Econ and Finance - 14 Apr 2021

State Council takes on hidden local government debt

Subscribe to keep reading.

Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.

Already a subscriber? Log in.

On Tuesday, the State Council published new guidelines for managing government finances.

Broadly, the document focused on ensuring that local governments:

Collect fiscal revenue fairly and efficientlyDeploy resources in the interests of the public

At the top of the priority list – addressi...


Your subscription doesn't include access to this content. Upgrade your account to access.

Change your plan