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China vice fin min says govmt debt level is within a reasonable range

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China’s Vice Finance Minister remarks crossing:

  • Govt debt level is still within a reasonable range despite a modest rise in the budget deficit ratio this year
  • The usage of new
    sovereign bonds can drive up domestic demand actively, and further
    consolidate economic recovery
  • China will watch the macro economy and bond markets closely and ensure smooth bond issuance and avoid leaving the funds idle

On the bonds he is referring to:

China

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