China Policy Bank Bonds Suffer Selloff as Tax Worries Hit Market

Bonds issued by China's major policy banks experienced a selloff as investors sold holdings amid concerns over a potential tax on Chinese government bonds. The selling pressure increased borrowing costs for these institutions. The policy banks include the China Development Bank, Export-Import Bank of China, and Agricultural Bank of China.

• Bloomberg — China Policy Bank Bonds Suffer Selloff as Tax Worries Hit Market

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