CX DAILY

CX Daily: Repayment Question Looms as China Speeds Up Special Bond Issuance

Published: Jul. 1, 2026 9:00 a.m. GMT+8

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The National Audit Office looked into how local governments across nine provinces were managing their special-purpose bonds (SPBs) in 2024 and found 132.6 billion yuan ($19.5 billion) in funds that had been used problematically.

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