Free Trial

China To Advance CNY2.28 Trillion New Special Bonds

CHINA PRESS
MNI (BEIJING)

China will approve the advancement of CNY2.28 trillion of new special bonds before year end, according to experts interviewed by Securities Daily. Song Xiangqing, vice president at the Industrial Economic Research Center, said the government needed to advance the bonds to expand effective investment in local construction projects and stabilise the macroeconomy. Feng Lin, senior analyst at Oriental Jincheng Research, said policymakers must keep infrastructure investment high to maintain a stable GDP growth rate. (Source: Securities Daily)

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.