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China Set to Issue $284bn in Special Bonds to Lift Economy

Asia Financial LogoAsia Financial1d ago

China Set to Issue $284bn in Special Bonds to Lift Economy - Asia Financial

Quick Summary:

Sources said bond proceeds will go to subsidizing cheap purchases of consumer goods, plus families with 2 or more kids, and local governments

The post China Set to Issue $284bn in Special Bonds to Lift Economy appeared first on Asia Financial.

Under the guidance of the top leadership, the MOF, along with several government bodies, has in recent weeks been working on fiscal stimulus measures to revive the economy, the two sources said.


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Article Details

Author / Journalist: Jim Pollard

Category: InvestingBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-26 @ 11:32:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 917 words

Reading Time: 6 minutes read

Sentences: 35 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 22723274

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About Asia Financial

Main Topics: InvestingBusiness

Official Website: asiafinancial.com

Update Frequency: 1 posts per day

Year Established: 1990

Headquarters: Hong Kong

News Last Updated: 23 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #86

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