Wuhan’s finance regulator asks hundreds of firms to repay debts

Call for repayment underscores debt troubles in Chinese regional governments


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

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