At least 25 provinces, including Xinjiang, Henan, Fujian, Qingdao, Xiamen issued 417.97 billion yuan (US$61.97 billion) in local government bonds in January, The Paper reported. Among them, newly added bonds totalled 368.76 billion yuan and refinancing bonds which were issued to replace old debts tallied 49.2 billion yuan. And among the new bonds, general local government […]
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