Chinese Province Sells Bonds Under New Plan


Chinese Province Sells Bonds Under New Plan
— Liyan Qi
The Wall Street Journal Europe
May 19 2015

BEIJING—A Chinese province successfully auctioned bonds Monday, marking a step forward in Beijing’s effort to restructure about one trillion yuan ($ 161 billion) of localgovernment debt. The eastern province of Jiangsu sold all 52.2 billion yuan ($…read more…

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