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Beijing grants part of 2020 special bond quota to local governments, issuance may start in January


China's Ministry of Finance has granted part of 2020 quota of special-purpose bonds to local governments, reported by several Chinese news media including The 21st Century Business Herald and confirmed by Yuan Talks with people familiar with the matter.

"We have received the new quota and it will be announced to the public after being approved by the provincial People's Congress," a person at a provincial fiscal administration in southern China was quoted as . . .

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