Chinese local governments accelerated bond issuance in August, with total bond sales hitting the second highest monthly on record, to boost investment and support the coronavirus-hit economy.
Local governments issued nearly 1.2 trillion yuan worth of bonds in August, the second highest one-month amount on record, after 1.3 trillion yuan in May this year, according to data from Wind Information.
For the first eight months of the year, they issued a . . .
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