On January 1, local government platforms can no longer borrow from banks and must raise debt from bond markets. Photo: Bloomberg
On January 1, local government platforms can no longer borrow from banks and must raise debt from bond markets. Photo: Bloomberg

Shandong first province to toe line on debt reform

On January 1, local government platforms can no longer borrow from banks and must raise debt from bond markets. Photo: Bloomberg
On January 1, local government platforms can no longer borrow from banks and must raise debt from bond markets. Photo: Bloomberg
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