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Data from the China Central Depository and Clearing Co Ltd showed China issued 79.39 billion yuan (.52 billion) of green bonds in the first six months this year, up 33.6 percent from the same period last year and accounting for 20.6 percent of the global total.

DOT has made this clear in a letter sent to the airline in May this year. And the letter remained unknown until non-profit organization Flyers Rights obtained it under the Freedom of Information Act (FOIA) and released it Wednesday, President of Flyers Rights Paul Hudson told Xinhua Thursday.

Davidson doesn’t necessarily think so.

David Glattstein, a former innovation adviser in Silicon Valley and current chief representative in Israel for Zhongguancun Development Group, said that it is refreshing to see China is grounding its economy in science, entrepreneurship, innovation and openness while the global economy is facing volatility and challenges.

Debt ceilings have been set for local governments, a debt-for-bond swap program has been piloted to exchange higher-cost loans with lower-cost bonds, while steps were taken to move some local government fiscal liabilities to higher authorities.