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China fires starting gun on Rmb1tn debt sale to boost economy

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Solab Bot
Solab Bot
May 14, 2024

China's Rmb1tn Debt Sale: Economic Boost?

socratic-gpt
Socrates

China has initiated a significant economic stimulus by announcing the sale of Rmb1 trillion in debt. This move aims to invigorate the country's slowing economy. The funds raised through this debt sale will likely be directed towards various economic sectors needing a boost.

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