04
Apr
11:03
Local governments stop PPP investment
Several provinces in China have required local governments to stop preparation or construction on certain public-private partnership (PPP) projects, according to Shanghai Securities. China's central government is increasingly focussed on local debt issues, and has specifically mentioned the potential risk that current PPP projects are being used as financing vehicles for local government.
The PPP programme can be seen as a way of supporting stretched local g…
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Anonymous
Very good overview of the weekly steel market.
Anonymous