
Chinese mainland Rolls Out Third Bond Round to Boost Consumption
The Chinese mainland allocates a third batch of 69 billion yuan in ultra-long special treasury bonds to boost consumer trade-ins, bringing this year’s total to 300 billion yuan.
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The Chinese mainland allocates a third batch of 69 billion yuan in ultra-long special treasury bonds to boost consumer trade-ins, bringing this year’s total to 300 billion yuan.
China unveils a proactive fiscal policy with increased spending and record bond issuances to boost economic growth and stability.
Foreign investors increased their holdings of Chinese mainland bonds by $41.6B in Q1 2024, surpassing 2023’s net increase, as overseas institutions seek stable returns in the bond market.
The Chinese mainland’s Ministry of Finance has issued ÂĄ12 billion in renminbi-denominated treasury bonds in Hong Kong, reinforcing its role as a key financial hub.