Why China Uses ‘Special Debt’ to Help Economy Recover
A motorcyclist travels past a large screen displaying a live broadcast of the National People’s Congress in Beijing, China, on Friday, May 22, 2020. (Photographer: Qilai Shen/Bloomberg)

Why China Uses ‘Special Debt’ to Help Economy Recover

(Bloomberg) -- With the virus pandemic pummeling China’s economy, the government plans to sell 1 trillion yuan ($140 billion) of special government bonds to help fund public health and Covid-19 rec...
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