Chinese Government to Speed Bond Sales to Stimulate Growth

China’s central and local governments will probably raise at least a net 2.2 trillion yuan ($330 billion) in bond sales in the final two months of the year, the second-highest...

By Iris Ouyang and Shulun Huang · Bloomberg Markets

China’s central and local governments will probably raise at least a net 2.2 trillion yuan ($330 billion) in bond sales in the final two months of the year, the second-highest amount on record for the period, as the authorities step up efforts to support growth.