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China vice fin min says govmt debt level is within a reasonable range

China vice fin min says govmt debt level is within a reasonable range
China's Vice Finance Minister remarks crossing: Govt debt level is still within a reasonable range despite a modest rise in the budget deficit ratio this yearThe usage of new sovereign bonds can drive up domestic demand actively, and further consolidate economic recoveryChina will watch the macro economy and bond markets closely and ensure smooth bond issuance and avoid leaving the funds idle---On the bonds he is referring to:ICYMI - China will issue an additional 1 trillion yuan ($137 bn) in tr... Read More
Posted: Oct 25 2023, 02:28
Author Name: forexlive
Views: 042338

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