Logo 19 May 2022

The unrelenting MoF

Subscribe to keep reading.

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

Already a subscriber? Log in.

China's fiscal authority just rained on the parade for any investors looking for more stimulus out of China.

On Wednesday, the Ministry of Finance (MoF) tapped the brakes on stimulus by naming and shaming local governments for adding off-balance-sheet debt.

The hateful eight: The MoF publishe...