Xinjiang default woes pose no headache to Hangzhou LGFV

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Xinjiang default woes pose no headache to Hangzhou LGFV

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Hangzhou Jianggan District Urban Construction and Comprehensive Development Co has raised $200m from a bond, shrugging off news from last week that a Xinjiang local government financing vehicle (LGFV) had unexpectedly missed payments on a renminbi note.

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