Xi Jinping’s ‘city of the future’ just had a record quarter for construction financing
To fund a futuristic megacity that has been one of President Xi Jinping’s pet projects for the better part of a decade, China has accelerated the issuance of ultra-long special bonds – intent on ensuring that the sprawling city is “basically completed” by 2035. The government of the Xiongan New Area, which is about 100km…