• 11/14/2024

China Extends Lifeline to Local Governments but Holds Off on Big Stimulus

Wall Street Journal

The country’s top legislative body gave its green light for local governments to swap some of their mounting off-balance-sheet debts.

https://www.wsj.com/articles/china-extends-lifeline-to-local-governments-but-holds-off-on-big-stimulus-0269b8f2