China Daily Reads

China Daily Reads

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China Daily Reads
China Daily Reads
China Weighs $853 Billion Debt Swap to Rescue Local Governments

China Weighs $853 Billion Debt Swap to Rescue Local Governments

Oct 15, 2024
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China Daily Reads
China Daily Reads
China Weighs $853 Billion Debt Swap to Rescue Local Governments
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  • Local bonds said to be issued through 2027 as part of stimulus

  • Finance minister previously vowed largest debt swap in years

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