Eyeing US election, China considers over $1.4 trillion in extra debt over next few years 

China is considering approving the issuance of over 10 trillion yuan in extra debt to boost its economy, with plans to raise the amount through special treasury and local government bonds. This fiscal package, amounting to over 8% of China’s GDP, comes as the country faces challenges from a property sector crisis and rising local government debt. The decision may be influenced by the outcome of the upcoming U.S. election, particularly if Donald Trump is re-elected.

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