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Investors Slash China Local Government Bond Tenors to Shortest On Record

(Bloomberg) Investors in China’s local government financing vehicles are cutting the length of time they are prepared to extend credit and demanding higher returns, as cracks appear in the $9.1 trillion market.Most Read from BloombergSingapore Minister Faces Most Serious Graft Probe Since 1986DeSantis Says No Thanks to $377 Million in US Energy FundsGoldman Breaks Its Own Rule to Flag Results Much Worse Than RivalsInflation at 3% Flags End of Emergency, Turning Point for FedUS Inflation Hits

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Reckitt's brand Dettol partners with Carousell to provide rest assured second-hand shopping experience through visible disinfectant protection

Reckitt's brand Dettol partners with Carousell to provide rest assured second-hand shopping experience through visible disinfectant protection
livenews.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livenews.co.nz Daily Mail and Mail on Sunday newspapers.

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Chinese local govt financing units seek unorthodox route to raise funds

By Samuel Shen and Andrew Galbraith SHANGHAI (Reuters) - Shut out of the bond market and spurned by banks, a growing number of cash-starved Chinese lo.

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