Guangdong first to sell debt on own credit2014-06-27
Guangdong province, the first local government in China to directly issue bonds under a pilot program, sold 14.8 billion yuan($2.38 billion)worth of debt at a low yield.
Local debt growth moderates2014-06-25
The growth of China's local government debt has slowed down since June 2013, but the amount of money that some local governments borrowed to repay old debts was still huge, the State auditor said Tuesday, underlining the risks in local debt.
Guangdong sells local gov't bonds2014-06-24
Guangdong's sale of 14.8 billion yuan(2.4 billion U.S.dollars)in local government bonds, the first batch issued and to be repaid by local authorities nationwide, was well received.
Debt crisis looms for local governments2014-06-18
Dwindling revenue from land sales and slower fiscal revenue growth may hurt local governments'ability to repay outstanding debt, a leading Chinese credit ratings agency said on Tuesday.
Ningxia to issue bonds2014-06-06
Northwest China's Ningxia Hui Autonomous Region said in a statement on Thursday that it would issue bonds worth 5.5 billion yuan($880 million)in.
Weakest link will determine success of muni reform2014-05-30
China's push for a municipal bond market could raise the pressure on provinces that are already struggling to fund massive debt, effectively creating a two-tier market dominated by the nation's major cities and financially strong regions.
Guangdong helps kick off new era2014-05-30
A new era in China's municipal bond market may begin as early as next month, with a limited number of local governments issuing debt on their own for the first time.
Local govts to issue $17.5b in bonds2014-05-23
Ten local governments will issue a combined 109.2 billion yuan($17.52 billion)worth of bonds this year under a pilot scheme, China's finance ministry said Thursday.
Municipal debt market takes big step forward2014-05-22
China will for the first time allow 10 local governments to sell bonds directly to fund development projects, a step that analysts said is a leap forward but still far from a Western-style municipal bond.