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Economic stimulus: Ministry of Finance plans massive sovereign bonds

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Published: September 27th, 2024,
Last updated: September 27th, 2024

According to insider reports, the Chinese government plans to finance its planned economic stimulus measures by issuing massive sovereign bonds. Two people familiar with the plans told the Reuters news agency on Thursday that special securities worth around two trillion yuan (around 256 billion euros) are to be placed for this purpose. As part of the package, the Ministry of Finance (MOF) plans to issue 1 trillion yuan of special sovereign debt primarily to stimulate consumption amid growing concerns about a stuttering post-COVID economic recovery, said the sources.

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Wirtschaftswachstum