Analysis-China moves to shut a lifeline for cash-strapped local governments : vimarsana.com

Pressure is mounting on China's cash-strapped local governments as authorities move to shut a private funding route for their financing arms, according to planned new rules and people familiar with their aims, raising credit risks and default worries.

Related Keywords

Gaomi , Shandong , China , Singapore , Shouguang , Beijing , Jiangsu , Shanghai , Chinese , Zhu Yangmo , Samuel Shen , Jason Xue , Tom Westbrook , Yao Yu , International Monetary Fund , Shan Ze Fund Management Co , Thomson Reuters Trust Principles , Gaomi Urban Construction Investment Group , Asset Management Association Of China , Reuters , Shouguang City Construction Investment Development , Goldman Sachs , Asset Management Association , Shanghai Ling Jing Investment , Thomson Reuters Trust , Lgfv , Private , Financing , Analyses , Asia Pacific , Banks Trbc Level 4 , China Prc , Corporate Debt Financing , Debt Fixed Income Markets , Economic News 3rd Party , Emerging Market Countries , Enterprise Reporting , Financials Legacy , Financials Trbc Level 1 , Funds , Investment Management Amp Fund Operators Trbc Level 4 , Pictures , Major News , Government Politics , Regulatory Corporate News Announcements , Corporate Market Regulation ,