$139 B: China weighs more stimulus with rare bonds

$139 B: China weighs more stimulus with rare bonds https://ift.tt/OBN7bpg is considering a special sovereign bond plan to issue 1 trillion yuan ($139 billion) of new debt. The proposal involves the sale of ultra-long sovereign bonds to fund projects related to food, energy, supply chains, and urbanization. This plan is part of President Xi Jinping's government efforts to shift spending responsibility from local officials to central authorities.