Priming the pumps
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Provinces are starting to disclose their additional special-purpose bond (SPB) quotas as they gear up for a Q4 investment splurge.
According to 21st Century Biz, the finance ministry (MoF) has approved:
Gansu an additional RMB 8.7 billion quota (40% of its unused debt ceiling)
Jiangxi RMB 23.4 bill...