China Ramps Up Stimulus With $109 Billion Local Government Bond Sales So Far in May
(Bloomberg) -- China’s issuance of local government bonds in May reached the most in seven months, a sign that authorities are ramping up fiscal stimulus to support the economy. Most Read from BloombergSevere Turbulence Leaves 12 Injured on Qatar Airways FlightFed’s Favorite Underlying Inflation Gauge Is Seen CoolingIndia’s Markets Brace for Selloff as Modi’s Poll Goals in DoubtChina’s Housing Rescue Has a Poor Track Record in Pilot CitiesXi’s China EV Dream Came True. 10 Years On, Walls Are Goi