China’s government plans to raise money to help support the economy by selling special off-budget treasury bonds. Photo: EPA-EFE China’s government plans to raise money to help support the economy by selling special off-budget treasury bonds. Photo: EPA-EFE
China’s government plans to raise money to help support the economy by selling special off-budget treasury bonds. Photo: EPA-EFE

Coronavirus: China to revive special ‘off-budget bonds’ as pandemic stokes debt dilemma

  • Beijing plans to issue ‘off budget’ bonds to tackle the economic impact of the coronavirus outbreak
  • Although they will not appear on government books, the additional debt must be repaid and weak finances could jeopardise China’s credit rating, analysts say

Topic |   China economy
China’s government plans to raise money to help support the economy by selling special off-budget treasury bonds. Photo: EPA-EFE China’s government plans to raise money to help support the economy by selling special off-budget treasury bonds. Photo: EPA-EFE
China’s government plans to raise money to help support the economy by selling special off-budget treasury bonds. Photo: EPA-EFE
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