Â
>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<
Â
Â
China plans stronger measures to boost an economy hard hit by the coronavirus outbreak, including issuing special treasury bonds, said China’s top policymakers at a meeting on Friday.
That would be the first issuance of the type of bonds since 2007 and the third issuance on record.
China is expected to issue more than 2 trillion yuan worth of special treasury bonds, about 2 - 3 per cent of China's GDP, said Xing Ziqiang, chief China economist at Morgan Stanley. Proceeds of which will be used to ease pressure on medium- and small-sized . . .
Sign In or Subscribe To Get Full Access.
Real-Time Updates on China Market Throughout Every Trading Day! With Data and Details You Don't Seen Anywhere Else!
Grab Our Welcome Offer! Only $0.5 A Day!
Sign Up For Free Weekly China Market Highlights HERE!Â