International Economic

China mulls over issuance of RMB 10trn in extra debt

By Iain Gilbert

Date: Tuesday 29 Oct 2024

(Sharecast News) - China was said to be considering issuing more than RMB 10.0trn (£1.07trn) in extra debt over the next few years in an effort to revive its fragile economy.
According to Reuters, the Standing Committee of the National People's Congress, China's top legislative body, was looking to approve a...

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