September 16, 2024

China to use ultra-long bonds for consumer, trade-in policy support as worries about retail sales slump grow

 China to use ultra-long bonds for consumer, trade-in policy support as worries about retail sales slump grow

China to use ultra-long bonds for consumer, trade-in policy support as worries about retail sales slump grow

China on Thursday announced its most targeted measures yet for boosting consumption, which has remained lackluster since the pandemic.