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...licence, said Lin....
...External demand for Chinese goods is also expected to remain weak, while investment in green industries could peak....
...investment....
...Foreign direct investment into China is falling across multiple measures, adding to pressure on Beijing and local governments as they seek to counter an economic slowdown....
...“I think they will continue to do so next year, doubling down on the green transition capex investment,” Xing added....
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...Additional reporting by Andy Lin in Hong Kong...
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...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
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...Local government financing vehicles (LGFVs) — investment companies that raise debt on behalf of local governments and build infrastructure projects for them — have been rushing to meet the renewed demand...
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...Vanke said its “current operating fundamentals are normal, its finance channels are stable and its refinancing is operating normally”. Additional reporting by Cheng Leng and Andy Lin in Hong Kong...
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