Debt-sale announcements by Shenzhen (pictured) and Guangdong came as the central government has tightened its supervision of local government borrowing to pay for infrastructure investments and property construction this year. Photo: Xinhua Debt-sale announcements by Shenzhen (pictured) and Guangdong came as the central government has tightened its supervision of local government borrowing to pay for infrastructure investments and property construction this year. Photo: Xinhua
Debt-sale announcements by Shenzhen (pictured) and Guangdong came as the central government has tightened its supervision of local government borrowing to pay for infrastructure investments and property construction this year. Photo: Xinhua

China debt: Guangdong, Shenzhen eye foreign capital boost via offshore bond sales in Hong Kong and Macau

  • Shenzhen city and Guangdong province are keen on selling billions of yuan worth of bonds directly beyond mainland borders – a first for China’s local-level governments
  • The money is expected to boost Greater Bay Area’s development, but finance authorities have not said what the funds may be spent on

Topic |   China's economic recovery
Debt-sale announcements by Shenzhen (pictured) and Guangdong came as the central government has tightened its supervision of local government borrowing to pay for infrastructure investments and property construction this year. Photo: Xinhua Debt-sale announcements by Shenzhen (pictured) and Guangdong came as the central government has tightened its supervision of local government borrowing to pay for infrastructure investments and property construction this year. Photo: Xinhua
Debt-sale announcements by Shenzhen (pictured) and Guangdong came as the central government has tightened its supervision of local government borrowing to pay for infrastructure investments and property construction this year. Photo: Xinhua
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