More local goverment bonds to help smaller lenders
China will continue to ramp up the issuance of special-purpose local government bonds to help small and mid-size banks replenish capital
time：
2022-07-28 17:24:24
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China’s cabinet to raise $45b to replenish capital for major projects, boost employment
It will raise 300 billion yuan ($44.6 billion) through financial bond issuance to replenish capital for major projects and special debt projects.
