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Onshore LGFV bond volumes plummet as Beijing tightens grip on govt debt

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By Addison Gong
10 Jun 2021

New bond issuance from local government financing vehicles in China has taken a beating recently, as Beijing hardens its stance on keeping the country’s ‘hidden debt’ problem under control. But the challenging times are likely just beginning, writes Addison Gong.

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By Addison Gong
10 Jun 2021