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China to raise US$160b in bonds to build infrastructure: sources
Beijing plans to use development banks to help fund big-city projects over next few years
Published Fri, Jul 31, 2015 · 09:50 PM
Shanghai
CHINA plans to raise US$160 billion in bonds to fund infrastructure projects over the next few years, sources said, in a sign Beijing is intent on stepping up investment to spur the economy and making good on huge but vague spending pledges.
Beijing plans to use a big policy lender, the Agricultura…
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