China Seen Selling More Sovereign Bonds in 2016 to Fund Spending

  • Guosen Securities forecasts 3 trillion yuan gross issuance
  • Deficit-to-GDP ratio will rise to 3 percent: Shenwan Hongyuan

China’s sovereign bond issuance is forecast to increase by as much as 58 percent next year as the government steps up fiscal efforts to revive the slowing economy.

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