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PBOC cautions investors amid fresh local infra push

With the ink barely dry on a new Beijing directive to boost the development of local infrastructure, China's central bank is keen to remind investors of the risks involved.
PBOC cautions investors amid fresh local infra push

China hopes to finance infrastructure development with a fresh wave of local government debt to bolster the country's slowing economy, but it also wants potential investors to pay closer attention to the underlying risks.

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