🇨🇳China Plans Record $411B Treasury Bond Issue
China has announced its largest-ever Treasury bond issue of $411 billion next year, which will be aimed at boosting fiscal stimulus.
The move has the potential to:
- Support global markets by increasing liquidity and stimulating economic activity.
- Have a positive impact on the cryptocurrency market, as increased liquidity could increase investor interest in digital assets as a diversification tool.
The large-scale issue underscores China’s ambitions to support its economy and maintain financial stability.