China Mulls Unprecedented $220 Billion in Bond Sales to Accelerate Economy
July 15, 2022 at 12:58 PM EDT
China is considering letting local governments sell $220 billion of bonds as part of a plan to accelerate infrastructure funding and help revive the country’s economy. Citing unnamed sources familiar with the matter, Bloomberg reported that the bond sales would be brought forward from 2023’s quota, marking the first time bonds are sold before start [...] The post China Mulls Unprecedented $220 Billion in Bond Sales to Accelerate Economy appeared first on ETF Trends .