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China's Fiscal Struggles Amid Bond Redemptions
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China's local government financing vehicles (LGFVs) are repaying bonds early, facing opposition from investors due to concerns about losing out on gains and lack of alternative products with equal returns. This move adds to the fiscal struggles of local governments amidst a challenging economy and property market.
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How could the slower economic growth forecast by Rhodium Group affect China's international relations and trade partnerships?
How might the opposition to early bond repayments impact the overall financial stability of China's local governments?
What measures could China implement to address the fiscal struggles of its local governments and stimulate economic growth?
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