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

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

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On the bonds he is referring to: