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
Photographer: Qilai Shen/BloombergBloomberg News
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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.