In its bid to bolster the economy, China intends to expand the areas where special purpose bonds are invested this year, while spending on education and in support of people’s livelihoods will remain strong. Source link
Read More »China’s special-purpose bonds – from the debt risks to the revenue rewards
China’s local governments are increasingly using special-purpose bond revenue to boost their local economies, but debt-fuelled infrastructure spending comes at a price. Source link
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