Tuesday , May 11 2021
Home / South China Morning Post / China’s fiscal stimulus is already tapering as bond sales shrink amid government shift towards risk control

China’s fiscal stimulus is already tapering as bond sales shrink amid government shift towards risk control

Summary:
[unable to retrieve full-text content]China’s local authorities have slowed the pace of debt sales to finance infrastructure projects this year, evidence of a gradual tightening of fiscal policy as the government shifts its focus toward risk control.Local governments have sold or plan to sell 222.7 billion yuan (US.3 billion) of so-called special bonds in January to April to fund shanty town renovations, highways and other infrastructure investment, according to data compiled by Bloomberg. That’s a sharp decline from 729.6…

Topics:
Bloomberg considers the following as important:

This could be interesting, too:

Doug Short writes World Markets Update: May 10, 2021

Doug Short writes Full-time and Part-time Employment: A Deeper Look

Doug Short writes Multiple Jobholders are 4.6% of All Employed

Doug Short writes April Employment: Services Vs. Goods Producing Jobs

[unable to retrieve full-text content]
China’s local authorities have slowed the pace of debt sales to finance infrastructure projects this year, evidence of a gradual tightening of fiscal policy as the government shifts its focus toward risk control.Local governments have sold or plan to sell 222.7 billion yuan (US$34.3 billion) of so-called special bonds in January to April to fund shanty town renovations, highways and other infrastructure investment, according to data compiled by Bloomberg. That’s a sharp decline from 729.6…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.