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Shanxi Cultural Tourism Group issues virus ‘war bond’


Shanxi Cultural Tourism Group said it has successfully issued an 800 million yuan “War on Covid-19” bond. The funds raised will be used for the production and purchase of epidemic prevention and control materials. The province’s tourism industry has been severely affected by the outbreak and Shanxi Cultural Tourism Group, a large enterprise owned by Shanxi Province, said it has gone all out to get a “transfusion” to fight the scourge.

Chris Gill

With over 30 years reporting on China, Gill offers a daily digest of what is happening in the PRC.