We previously wrote about China’s initial moves aimed at permitting local governments to issue bonds. Caijing has just published an article which brings us up-to-date on these efforts.
Against the backdrop of the call for local governments to pony up 600 billion yuan in 2009 toward the central government’s 4 trillion yuan stimulus package, “the Ministry [...]
China Bond Issues (Update)
February 17th, 2009 · No Comments
Tags: bond financing