'China May Issue 6 Trillion Yuan In Treasury Bonds To Buttress Economy' - Caixin Global
'China May Issue 6 Trillion Yuan In Treasury Bonds To Buttress Economy' - Caixin Global
Speculation about the size of China's new fiscal stimulus has been rife since the Ministry of FinanceExclusive: China May Issue 6 Trillion Yuan in Treasury Bonds to Buttress Economy - Caixin Global
独家报道：中国可能发行6万亿人民币的国债以支持经济 - 财新全球货币
China may raise 6 trillion yuan from ultra-long special treasury bonds over three years as part of its efforts to buttress the slowing economy through fiscal stimulus, multiple sources with knowledge of the matter told Caixin.
据多位知情人士告诉财新，中国可能通过超长期特别国债筹集6万亿人民币，在未来三年内是其通过财政刺激举措支持经济的一部分。
The funds will be partly used to help local governments resolve their off-the-books debts, according to the sources.
据知情人士透露，这些资金将部分用于帮助地方政府解决其隐性债务问题。
Speculation about the size of China's new fiscal stimulus has been rife since the Ministry of Finance pledged at a press briefing Saturday to help local governments relieve debt pressure without specifying the amount.
自财政部在周六的一次新闻发布会上承诺帮助地方政府解除债务压力，没有具体说明金额以来，关于中国新一轮财政刺激规模的猜测一直很多。
