China plans to allow local governments to issue 1.5 trillion yuan of special refinancing bonds
- Th08 22, 2023, at 7:10 pm
China plans to allow local governments to issue 1.5 trillion yuan of special refinancing bonds to help 12 provinces and regions with higher debt repayment pressure, including Tianjin, Guizhou, Yunnan, Shaanxi, and Chongqing.
