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Full article in Chinese: 地方债可“借新还旧” ,moncler » The Ministry of Finance announced that the 200 billion yuan in local bonds can be paid by issuing new local bonds. » Local governments can implement this policy only if they are unable to pay the bonds by their expiration date. » The 200 billion bonds are due to be paid three years later; the new bonds may be issued with a one to five year time limit. -->Related articles: ” he said. the mistrust between the two countries will only get worse and I'm sure in many other newspapers.
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