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(Bloomberg) China’s local governments so far appear reluctant or unable to borrow more despite pressure to stimulate growth, fueling expectations Beijing may pick up their slack and take on more debt.Most Read from BloombergBYD Unveils $233,450 EV Supercar to Rival Ferrari, LamborghiniZelenskiy Says 31,000 Troops Killed as Ukraine Seeks US Aid Decision Within MonthNorwegian Cruise Ship Halted at Mauritius Due to OutbreakBuffett Says ‘Eye-Popping’ Results Unlikely With Record CashTrump Advance
GuizhouHubeiChinaTianjinJing-zhaoFujianBeijingJing-wangAnhuiDalianLiaoningGuangdong(Bloomberg) China’s domestic investors are abandoning the nation’s equities for the safety of bonds as concerns mount about the deteriorating economic outlook.Most Read from BloombergChina Weighs Stock Market Rescue Package Backed by $278 BillionApple Dials Back Car’s Self-Driving Features and Delays Launch to 2028An Isolated Israel Doubles Down on War in Gaza — At All CostsNetflix Pays $5 Billion for ‘Raw’ in Bet on Live EventsTurkey Approves Sweden NATO Bid, Leaving Hungary as HoldoutYields
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