Monday 21 May 2018
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4 months ago

China s local gov ts debt balance within targeted ceiling in 2017

The balance of local government debt stood at 16.5 trillion yuan (2.6 trillion U.S.China s local governments raised 4.4 trillion yuan through debt issues in 2017, with general bonds and special bonds reaching 2.36 trillion yuan and 2 trillion yuan respectively, according to the Ministry of Finance (MOF) showed.

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