Chinese LGFVs on the hunt for dollars

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Chinese LGFVs on the hunt for dollars

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BEIJING - JUNE 11: Tienanmen Gate (The Gate of Heavenly Peace), the main entrance to Forbidden City June 11, 2012 in Beijing, China | air - Fotolia

Chinese local government financing vehicles (LGFV) Huzhou City Investment Development Group Co and Urumqi Gaoxin Investment and Development Group Co hit the market with dollar deals on Wednesday.

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