A major Chinese bond regulator is taking fresh steps to curb debt sales by the nation’s municipal borrowers, according to people familiar with the matter, adding pressure on weaker issuers looking to refinance notes.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-07-16/china-seeks-to-curb-new-bond-sales-by-lgfvs-with-increased-debt)