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KM Financial Solutions | REFILE-Chinese local govt-backed bonds in favour even as virus hits their coffers
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REFILE-Chinese local govt-backed bonds in favour even as virus hits their coffers

02 Mar REFILE-Chinese local govt-backed bonds in favour even as virus hits their coffers

Posted at 10:24h in News by
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Yield-hungry Chinese
investors are rushing into once-shunned local government
financing bonds, betting that Beijing won’t allow such state
companies to fail when they’re needed to help shore up the
virus-hit economy.

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