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China $3 trillion local government debt stirs alarm

Last Updated: Tuesday, December 31, 2013, 11:11

The National Audit Office, China's state auditor, said in a report local governments had total outstanding debt of 17.9 trillion yuan at the end of June, a sum that includes contingent liabilities and debt guarantees.

FM asks market players to offer ways to control NDF volume

Last Updated: Saturday, December 14, 2013, 20:09

The Reserve Bank has also been keenly watching the NDF market and for the first time, it has openly come out a statement in its annual report released in August.

China selects Wenzhou for 'pilot' financial reforms

Last Updated: Thursday, March 29, 2012, 14:16

Wenzhou, a provincial Chinese city which is famous for small-scale industries, has been picked up for a landmark financial pilot project that aims to improve funding and broaden investment.

St Paul`s head backs protesters on reforms

Last Updated: Wednesday, November 02, 2011, 10:09

St Paul`s Cathedral has for centuries occupied a delicate position between God and Mammon.

Positioning Brand India

Last Updated: Tuesday, August 02, 2011, 11:23

Continued financial reforms are keys to the success of Brand India.