Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee/ File Photo Acquire Licensing Rights

BEIJING, Aug 20 (Reuters) – China will coordinate financial support to resolve local government debt problems, the central bank said in a statement on Sunday, as policymakers look to shore up an increasingly shaky economic recovery and reassure worried investors.

China vows to coordinate support to resolve local government debt risks comes via ChinaTechNews.com.