NEW DEBT INSTRUMENTS NEEDED FOR LOCAL GOVT IN CHINA

Chinese local governments need new debt instruments to melt down bad loans and raise fund for infrastructures, said a famous economist on Friday.

Ecns.cn (Date:10/18/2019 10:17) Read full article >>

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Friday: Friday is the day between Thursday and Saturday. In countries adopting Monday-first conventions as recommended by the international standard ISO 8601, it is the fifth day of the week. It is the sixth day in countries that adopt a Sunday-first convention, as in the Abrahamic tradition. In other coun