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China economic rebound? Major shareholders vote with their feet; CITIC subsidiary faces grave debt crisis

SinoInsight 1 According to mainland media reports, over the counter local government bonds have become very popular among investors, and are being sold at below the par value of 100 yuan as of April 17. Beijing five-year local bonds, which became available over-the-counter on April 1, are being traded at 98.53 yuan. From March 25, …

Read moreChina economic rebound? Major shareholders vote with their feet; CITIC subsidiary faces grave debt crisis

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