China Launches Massive $140 Billion Bond Sale to Fuel Economic Growth China has initiated the sale of approximately $140 billion (Rmb1tn) in long-dated bonds to stimulate its economy and fund critical long-term projects. The People’s Bank of China is currently consulting with brokers to determine pricing for this substantial bond issue, which was announced during the annual legislative session to boost economic momentum and address ongoing challenges in the property sector. These bonds, which are part of a series of special sovereign bond issuances dating back to 1998, aim to support significant investments in modernization projects that require central government intervention and offer a more secure investment option amid volatility in regional banking and property markets. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Hovers Near $2,400 as Rate Cut Expectations Grow READ MORE Fed Chair Powell: Labor Market 'Fully Back in Balance' READ MORE US Inflation Hits 12-Month Low, Sparking Hope for Economic Relief READ MORE Gold to Hit $2200 in 2024, Wells Fargo Joins Bullish Forecast READ MORE Economist Predicts U.S. Recession, Calls for Immediate 'Debt Detox' READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment