(Yicai Global) April 18 -- Debts at China's local government debts increased by CNY1.2 trillion (USD179 billion) to CNY19.6 trillion in the first quarter, with newly-issued bonds tallying CNY1.4 trillion, according to the Ministry of Finance.
The central government has set a CNY24.1 trillion limit on local government debts for this year.

Editor: James Boynton