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China s local governments issue record amount of special bonds to support troubled banks | Consumer Watch

China s local governments issue record amount of special bonds to support troubled banks | Consumer Watch
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Experts: China well-positioned to sustain sound development

Experts: China well-positioned to sustain sound development
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Local Chinese governments issue record amount of special bonds to support troubled banks

China’s regional governments have issued a record amount of special bonds to support troubled smaller banks, as they try to fend off potential systemic risks that could be triggered by a prolonged real estate crisis.

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