China's ‘largest’ plan to boost economic growth is coming soon
Bloomberg
Oct 15, 2024 9:55 AM IST
China plans to raise 6 trillion yuan through ultra-long special government bonds to stimulate its economy, with funds aimed at alleviating local governments.
China could raise 6 trillion yuan in ultra-long bonds to support its economy and assist local governments with off-balance-sheet debt, addressing substantial financing risks amid declining land and tax income.
...Read More
Follow all the updates here:
