Local authorities to repay LGFV debt by 2027
Subscribe to keep reading.
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Already a subscriber? Log in.
On October 11, 21st Century Biz reported that certain local government financing vehicles (LGFVs) have been ordered to repay debts borrowed on behalf of local authorities by June 2027.
The instructions – which haven't been publicly released – were issued by the finance ministry and four other agenc...