Wuhan finance regulator demands debt repayment from hundreds of Chinese firms.

Wuhan's finance bureau has publicly exposed 259 firms with debt to the government and urged them to immediately pay up, as local governments in China become increasingly pressed by higher debt and expenses. The borrowed funds ranged from just over 10,000 yuan to more than 10 million yuan ($1.45 million), with the total amount exceeding 100 million yuan ($14.47 million). Debtors include district finance bureaus, scientific research units, state-owned enterprises, units of listed companies as well as private firms.