China’s Finance Ministry to Brief at 4 p.m. on Debt Swap Program
China will brief on a plan to allow local governments to refinance their off-balance-sheet debt at 4 p.m. on Friday in Beijing, where officials are expected to unveil more details of a fiscal package to help the slowing economy. Finance Minister Lan Fo’an and Xu Hongcai, director of the budget committee of the National People’s…