Economics
China Considering Increasing Local Debt Sales to Boost Stimulus
- Policy makers may raise special bond quota from $305 billion
- Morgan Stanley sees increase worth 0.75-1 ppt of GDP
A pedestrian walks through an alleyway as cranes stand in the background in an area slated for redevelopment in Shanghai.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
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China is considering allowing provincial governments to issue more bonds for infrastructure investment, people familiar with the matter said, a move that would boost government stimulus as the economy continues to decelerate.