{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"APAC CreditCast","title":"An Update on China’s LGFV Debt Substitution Programme","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/18041134\"></iframe>","width":"100%","height":180,"duration":1571,"description":"Davis Sun, Senior Director at Fitch Ratings, provides a progress report on China’s debt substitution plan and its impact on local government vehicles (LGFVs) and finances, as well as an outlook for 2026 and beyond.","thumbnail_url":"https://img.transistorcdn.com/f6aMtj-fyUxNonE2SGMrIVW5eg6_22cGgK4pJPUVC_U/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS81YWQz/YjQ4MTRiMjg4NDMw/MGFlOGFhOGU2YmI4/YjI0NS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}