Finance
Wuhan’s finance regulator asks hundreds of firms to repay debts – Central Banking
The financial regulator of Wuhan, one of China’s biggest cities, has publicly urged hundreds of firms to repay their debt to the city’s government, a rare move that puts the country’s deepening debt issues under the spotlight.
The Wuhan Municipal Bureau of Finance and Wuhan Yangtze River Asset Management released a list of 259 debtors in the state-owned media outlet Yangtze River Daily on May 26, according to media reports.
The list included private firms, state-owned enterprises, district