China Expands infrastructure investment due to economic slowdown Issues 10 trillion yen in bonds Teller Report


Source: tellerreport.com tellerreport.com

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As the economy continues to slow down, the Chinese government plans to expand infrastructure investment, such as by newly issuing bonds worth 10 trillion yen in Japanese yen. On the other hand, the focus is on how much infrastructure investment will improve the economy as severe restrictions on movement continue due to the spread of the new coronavirus. The Chinese economy continues to slow down due to factors such as the resurgence of new coronavirus infections in various parts of the country. For this reason, the Chinese government announced on the 24th that local governments will newly issue more than...