China Initiates Sale of Rmb1tn in Long-Dated Bonds to Stimulate Economy – Massive Investment Opportunity Ahead!
Beijing, China – Chinese authorities have initiated plans to sell Rmb1tn ($140bn) of long-dated bonds as part of efforts to boost the economy by increasing spending. The People’s Bank of China has sought guidance from brokers on pricing the first batch of sovereign bonds, aiming to support investments in critical areas and bolster economic growth in the second quarter following an extended property crisis. The bond sale, crucial for advancing essential projects aimed at modernizing …