Subscribe To
Ftich weighs in on China local-government financing vehicles
Fitch says Chinese authorities are likely to implement further measures to ease refinancing pressure at local-government financing vehicles (LGFVs).Fitch says we believe that the China central government will avoid a bailout of troubled LGFVs, as this could create moral hazard risk. This article was written by Greg Michalowski at www.forexlive.com...
Read More
Posted: Aug 7 2023, 02:47
Author Name: forexlive
Views: 112583