First of all Reddit is just a crap and this news about investing in Bitcoin is an example. Another thing, Bitcoin is for individual, it's not for governments. So, basically, until you aren't out of that crap, you'll get baseless things in your mind. 

I was just reading on reddit they might be putting some of that into bitcoin. 
I dont know how honest that is. 

Satosora

This won't be enough. China at least require a trillion to revive its economy for real. 

Golu

Alright, China is just trying show off once again that it's economy still has a lot of gas left. But it's the reverse on reality. 

IamSINGLE

That's true but India's purpose is not the same as China's. As you said everyone is trying to restart their economies, I don't think India needs to stimulate its economy, at leat not now. 

India is also issuing a pretty huge amount of debt for them in 6.6 trillion rupees or ~$80 billion in the next few months. Seems like everyone is now trying to restart their economies with government lending like the US did in the prior years. 

Cje95

Africa to face another debts from China can't they fix it with Bitcoin!?😑

Thereal

China to issue $284 billion of sovereign debt this year to help revive economy

Chinese leaders pledged on Thursday to push to hit the 2024 economic growth target of roughly 5% and stop declines in the housing market, state media reported, citing a Politburo meeting.

The planned fiscal expansion is the latest attempt by Chinese policymakers to revive an economy grappling with deflationary pressures and in danger of missing this year's growth target due to a sharp property downturn and frail consumer confidence.

econ

## China to issue $284 billion of sovereign debt this year to help revive economy

> * China to issue 1 trillion yuan of special bonds mainly to stimulate consumption-sources
> * China to issue another 1 trillion yuan via special bonds to help local governments tackle debt problems-source
> * Some of the fiscal support measures could be unveiled as early as this week-sources

## GROWTH TARGET IN FOCUS

> Chinese leaders pledged on Thursday to push to hit the 2024 economic growth target of roughly 5% and stop declines in the housing market, state media reported, citing a Politburo meeting.

*However*

> The planned fiscal expansion is the latest attempt by Chinese policymakers to revive an economy grappling with deflationary pressures and in danger of missing this year's growth target due to a sharp property downturn and frail consumer confidence.

China to issue $284 billion of sovereign debt this year to help revive economyChina to issue $284 billion of sovereign debt this year to help revive economy

GROWTH TARGET IN FOCUSGROWTH TARGET IN FOCUS