Econ and Finance - 28 Apr 2021

Light bondage

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The great belt-tightening is upon us.

On Tuesday, Caixin reported that local government bond issuance is way down so far in 2021:

“[Localities] have sold or plan to sell 222.7 billion yuan ($34.3 billion) of so-called special bonds in January to April.”“That’s a sharp decline from 729.6 billi...

Snuh-ohez.

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