China’s LGFV bonds to top offshore dollar debt issuers in 2022 as market grows tired of defaults and delayed payments by developers

The debt sold by LGFVs have filled in the vacuum of high-yielding debt sold by developers, as a sluggish real estate market and a record bout of defaults and missed payments deterred many global investors.

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Mainstream media is often "Fake News." Nevertheless, one needs to see what others are seeing and then read with discernment.

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