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China may consider expanding 2019.......>

CHINA PRESS
MNI (London)
CHINA PRESS: China may consider expanding 2019 local government special bond
issuance from the original CNY2.15 trillion, the Shanghai Securities News said
Thursday, citing Zhang Yiqun, a researcher at the Society of Public Finance.
Zhang said there is room for an additional CNY1 trillion, given that total
government debt is not high, and the debt risk is generally controllable. Any
quota expansion would aim to further boost infrastructure investment, as
investment growth, expected to be a key economic driver, has been
underperforming, the paper said.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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