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China’s local governments accelerating the pace of borrowing for infrastructure investment

Bloomberg with the report (gated) that China’s local governments are accelerating the pace of borrowing for infrastructure investment.This will be supportive of economic growth, and of course increasing China's debt load, a move that could pressure financial markets. Provincial governments sold the most amount of special bonds in more than a year in August says the report. More at that link above if you are able to access Bloomberg. This article was written by Eamonn Sheridan at... Read More

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Content Topics

China

Local

Governments

Accelerating

Pace

Borrowing

China s

Infrastructure

Investment

Forex

Posted: Aug 31 2023, 02:38

Author Name: forexlive

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