Thursday, September 29, 2022

3 trillion yuan worth of bonds sold by Cina local government financing vehicles will mature annually

 About 3 trillion yuan worth of bonds sold by local government financing vehicles will mature annually until 2025, and repayment pressure is mounting on regional authorities as other revenue streams fail to fill the coffers. Illustration: Lau Ka-kuenAbout 3 trillion yuan worth of bonds sold by Cina local government financing vehicles will mature annually until 2025, and repayment pressure is mounting on regional authorities as other revenue streams fail to fill the coffers.

Posted by Tun Marvin at 9:25 PM

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