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China Issues $585 Billion in Local Government Bonds to Pay Off Debts

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08 August 2024
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  • Previous Article Top US Consumer Brands Struggle in China
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The Chinese communist regime issued about 4.2 trillion yuan ($585 billion) in local government bonds in the first 7 months of this year, nearly half of which were refinancing bonds used to pay old government debts, the latest data show. According to the

Read more https://www.theepochtimes.com/china/china-issues-585-billion-in-local-government-bonds-to-pay-off-debts-5702138

  • Previous Article Top US Consumer Brands Struggle in China
  • Next Article IPAC Criticizes Beijing for Intimidating Lawmakers After Summit in Taiwan

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