China’s Credit Contraction Signals Weak Demand Amidst Slowing Bond Sales; Plans $138 Billion Ultra-Long Debt Sale to Stimulate Economy

Sharing is Caring!

China’s economy faces turbulent times as credit shrinks for the first time and trade balance numbers disappoint, signaling weak demand. In response, authorities unveil a $138 billion stimulus package, including the sale of ultra-long government bonds, in a bid to jumpstart economic growth.

  • China experiences credit shrinkage for the first time as government bond sales slow, indicating weak demand.
  • April’s trade balance reveals a deficit, with both exports and imports missing expectations, exacerbating economic concerns.
  • Chinese authorities announce a $138 billion stimulus package, with plans to sell ultra-long government bonds to stimulate the economy.
  • The bond sale, including bonds at 20, 30, and 50 years, signifies a significant shift in China’s fiscal strategy to combat economic challenges.
See also  Biden will bring in Palestinians from Gaza as refugees - Federal agencies making plans

Sources:



See also  Just yesterday Biden says he would no longer supply any weapons to Israel if they invaded Rafah.. Not 24 hours later, he changes his mind & approved a ONE. BILLION. DOLLAR.

efe.com/economia/2024-05-13/china-emitira-por-primera-vez-bonos-del-estado-a-20-30-y-50-anos/

Views: 34

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.