Trivium Neopol - Econ and Finance | Logo 13 Apr 2022

SPBs, so hot right now

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Special-purpose bonds (SPBs) are all the rage in Beijing – and central government officials want local governments to use them sooner rather than later.

ICYDK: Local governments use SPBs mainly to fund infrastructure and other major public projects.

At the March National People’s Congres...

Snuh-ohez.

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