China “drastically increases” government bond issuance to boost economy, bolsters capital of state-owned banks

China “drastically increases” government bond issuance to boost economy, bolsters capital of state-owned banks

On October 12, the Chinese government announced that it would “significantly increase” the issuance of government bonds. Pictured at a construction site in Beijing in July (2024 Reuters/Tingshu Wang) BEIJING (Reuters) – Chinese Finance Minister Lan Fuan announced at a press conference on the 12th that the country would “significantly increase” the issuance of government … Read more