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  • No crisis over local governments' debts

    2013-08-02 07:26

    Economists ruled out the possibility of a major crisis in local government debt as the country begins a national audit into the situation.

  • Property developers' appetite for funds

    2013-07-31 07:22

    Chinese property developers are expected to stay hungry for overseas funds in the second half, after borrowing a stunning 90.3 billion yuan in the first six months.

  • Developers eye direct funding sources

    2013-07-19 07:31

    A series of articles published by Xinhua News Agency on Wednesday, which called for a lift of the ban on property developers' normal financing activities.

  • Better financial services urged for small businesses

    2013-07-16 14:04

    Financial services will be improved to guarantee credit growth and meet the huge demand of small and micro-sized businesses.

  • China reiterates prudent monetary policy

    2013-07-05 17:21

    The State Council, or China's cabinet, on Friday reiterated that it will maintain a prudent monetary policy to support economic restructuring.

  • Two more China local govts to issue bonds

    2013-07-05 09:27

    China will allow two more local governments, Jiangsu and Shandong provinces, to sell bonds directly in a pilot program.

  • Local govt bond sales pilot plan expands

    2013-07-05 07:21

    Six cities or provinces will be allowed to sell bonds directly under an expanded pilot program to establish a regulated financing mechanism for local governments.

  • Massive debt plagues local govt

    2013-07-01 03:11

    Moody's Investors Service estimates the direct and guaranteed debt of local governments could have been 12.1 trillion yuan at the end of 2012.

  • NPC deputy suggests municipal bonds to boost urbanization

    2013-03-17 16:48

    Zhou Xuedong, president of the Nanjing branch of the People's Bank of China suggests China allow municipal governments to issue bonds.

  • More private capital needed at urbanization's disposal

    2013-03-17 10:01

    Wang Heshan, a NPC deputy and vice governor of Ningxia Hui autonomous region, talks about how to fully use local rescources, engage more private capital, and lure talents to build an inland economic pilot zone as part of Ningxia's urbanization drive.

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