The Lujiazui Financial and Trade Zone of Pudong in Shanghai. Photo: Xinhua

Can China’s bond inclusion on the Bloomberg Barclays Global Aggregate Index save its slowing economy?

  • Chinese government and policy bank bonds will be added to the index for the first time on Monday, a move analysts say could be worth US$150 billion
  • China is in the process of opening up its markets to foreign investors, a move reiterated by Premier Li Keqiang at the Boao Forum for Asia last week in Hainan
Topic |   China economy

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The Lujiazui Financial and Trade Zone of Pudong in Shanghai. Photo: Xinhua
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Policy lender, China Development Bank, has agreed to provide a large amount of 10-year loans annually to help local government financing vehicles Photo: Alamy

China pours more money into cheap loans to help regions deal with debt pile and aid economy

  • China Development Bank is providing low-interest rate loans to help local government financing units roll over maturing debt, including loans
  • Local government financing vehicle debt is estimated to account for 34 per cent of gross domestic product, according to China International Capital Corporation
Topic |   China economy

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Policy lender, China Development Bank, has agreed to provide a large amount of 10-year loans annually to help local government financing vehicles Photo: Alamy
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