China to accelerate issuance of government bonds, finance minister says

China's new Finance Minister, Lan Foan, has stated that China will speed up the issuance and use of government bonds and work towards resolving local government debt risks. Lan's appointment comes as the government aims to boost the economy through fiscal stimulus. China's economy grew faster than expected in the third quarter, but challenges remain, including a property crisis and low confidence among private firms. https://ift.tt/j7wlSyF