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Chinese Local Governments Borrow Over 4.3 Tn Yuan in First Five Months - Where Does the Money Go? - YT FINANCE

Summary by YUAN TALKS
Since the beginning of this year, local governments in China have accelerated borrowing to stabilize the economy and prevent risks, though their bond issuance declined year-on-year in May.
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Chinese Local Governments Borrow Over 4.3 Tn Yuan in First Five Months - Where Does the Money Go? - YT FINANCE

Since the beginning of this year, local governments in China have accelerated borrowing to stabilize the economy and prevent risks, though their bond issuance declined year-on-year in May.

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YUAN TALKS broke the news in on Thursday, June 5, 2025.
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