1/2 Yicai: “China issued more than CNY10 trillion in local government bonds in the first 11 months of this year, with about 62 percent of the funds used to repay maturing obligations and hidden debts, while 38 percent was… https://www.yicaiglobal.com/news/most-of-chinas-local-bond-funds-go-to-debt-repayment-with-38-backing-investment