BEIJING -- China plans to increase the debt ceiling on a relatively large scale to replace existing hidden debts of local governments and help defuse their debt risks, Minister of Finance Lan Fo'an told a press conference on Saturday.
BEIJING -- China plans to increase the debt ceiling on a relatively large scale to replace existing hidden debts of local governments and help defuse their debt risks, Minister of Finance Lan Fo'an told a press conference on Saturday.
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