9,312.13 TRY BIST 100 BIST 100
5.28 CNY CNY CNY
43.56 EUR EUR EUR
38.31 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
46.74 TRY Interest Interest
66.21 USD Fossil Oil Fossil Oil
41.10 USD Silver Silver
488.00 USD Copper Copper
99.70 USD Iron Ore Iron Ore
325.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,091.06 TRY Gold (gr) Gold (gr)

China plans additional 1 trillion yuan bond issuance

China is working on a new financing move to support its economic growth targets and increase infrastructure spending. Government officials plan to issue at least 1 trillion yuan ($137 billion) worth of additional bonds.

China plans additional 1 trillion yuan bond issuance

Chinese officials are considering a plan to issue an additional 1 trillion yuan in bonds to finance infrastructure projects. This additional bond issuance could significantly exceed the predetermined debt ceiling of 3% for this year's budget.

News sources suggest that an official announcement could come later this month, but note that government plans can change. This move comes at a time when the Chinese government has avoided extensive fiscal stimulus despite deflationary pressures.

Bruce Pang, Chief Economist at Jones Lang Lasalle Inc., commented on this new financing move, stating, "The additional bond issuance aims to accelerate a stronger recovery, provide additional policy support, and allocate more resources."

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

UAE scrap and steel market seeks balance as saudi rebar prices hold steady

Friday, April 25, 2025

France seeks safeguards against imported Chinese steel

Friday, April 25, 2025

Sustainable transformation in the steel industry: Gemini Corporation's vision and actions

Friday, April 25, 2025

Leaders of the Steel World Meet at Steel Summit 2025

Friday, April 25, 2025

Tuğba Çimenci: EU's Steel Plan creates both pressure and opportunity for the Turkish industry

Friday, April 25, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now