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Governments Accelerate Debt Issuance: Examining the Allocation of 7.8 Trillion Yuan in Local Bonds During the First Eight Months","url":"https://stock-news.laohu8.com/highlight/detail?id=1100992564","media":"Deep News","labels":["economic"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1100992564?lang=en_us&edition=fundamental","pubTime":"2026-09-03 20:56","pubTimestamp":1788440180,"startTime":"0","endTime":"0","summary":"August witnessed a surge in local government bond issuance across China, with approximately 1.19 trillion yuan in new bonds hitting the market. 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This is an annual review looking at the dangers facing the UK over the next half-century.However you look at it, our public finances are deteriorating rapidly, and unless action is taken, we could wind up in a car-crash situation.‘Unsustainable and ever-rising’“In nearly all of the scenarios we explore, debt eventually moves onto an unsustainable and ever-rising path,” the OBR writes, in one of dozens of damning verdicts over the way successive governments have managed the economy.Longstanding taxes are rapidly diminishing in their importance to the exchequer. 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