China considers over $1.4 trillion in extra debt over next few years

The 6-trillion-yuan worth of debt would be raised over three years including 2024, said the sources, adding the proceeds would primarily be used to help local governments address off-the-books debt risks. China is considering approving next week the issuance of over 10 trillion yuan ($1.4 trillion) in extra debt in the next few years to […]

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