Logo 22 Aug 2023

Shuffling the debt

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Trivium Markets keeps you briefed on the latest developments in China markets policy.

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Concrete measures to deal with sky-high local government borrowing look imminent.

ICYMI: This comes after the Politburo promised a "basket of measures" to reduce debt risks last month.

The latest: The finance ministry (MoF) has approved 12 provincial-level authorities to issue RMB 1.5 tri...