China Bond Market Eyes Fiscal Plans From Key Legislative Meeting

China Bond Market Eyes Fiscal Plans From Key Legislative Meeting

China’s bond traders are watching a key legislative meeting this week where lawmakers are expected to approve a fiscal package worth trillions of yuan.

An increase in bond sales to prop up economic growth is expected, but the question is just how large the new stimulus will be. A surge in issuance may weigh on China’s debt market, and two trillion yuan ($280 billion) has become a key figure to watch.

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