China approves $840B plan to refinance local government debt, boost slowing economy
China has announced a 6 trillion yuan ($839 billion) plan to help local governments refinance their mountains of debt in the latest push to rev up growth in the world's second largest economy
China's latest stimulus falls short of expectations
China's top legislative body, the standing committee of the National People's Congress (NPC), did as was expected, approving bills to allow local governments to allocate 10 trillion yuan ($1.40 trillion) towards reducing off-balance sheet, or "hidden", debt.
China approves $839 billion refinancing of local government debt in fresh stimulus
Beijing is attempting to shore up support for a slowing Chinese economy that is facing new threats of tariff curbs after the re-election of Donald Trump as the US President.
China approves $1.4 trillion debt package in latest measure to boost flagging economy
China has approved a six trillion yuan ($837 billion) plan to bolster its ailing economy by allowing local governments to swap out their hidden debt, unveiling additional stimulus measures to counter a potentially volatile growth path marked by the impending return of Donald Trump to the White House.
China unveils $1.4 trln local debt package but no direct stimulus
China unveiled a 10 trillion yuan ($1.40 trillion) debt package on Friday to ease local government financing strains and stabilise flagging economic growth, as it faces fresh pressure from the re-election of Donald Trump as U.
China unveils $1.4tn package to shore up economy
Simply sign up to the Chinese economy myFT Digest -- delivered directly to your inbox. China has announced a Rmb10tn ($1.4tn) fiscal package to bail out local governments and help shore up its faltering economy,
China unveils sweeping local govt debt swap to lift ailing economy
China on Friday unveiled some of its most ambitious plans in years to lift local government debt and boost its economy, following a meeting of lawmakers eyeing the possibility of
China’s stimulus strategy, while not ‘whatever it takes’, is seen as long and intact
Beijing’s reluctance to embrace strong measures to rapidly turn the tide of its sluggish economy keeps markets, consumers and ...
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China's Next Stimulus Package Is Unlikely to Put Market Fully at Ease
Chinese lawmakers are gathering in the shadow of the US election to sign off on a fiscal package that’s set to run into the ...
China unveils $1.4 trillion stimulus in effort to boost flailing economy
The outlook is grim for the world’s second largest economy, with growth slowing and the prospect of a new trade war following ...
China saw Tim Walz as a ‘target’ before VP pick and ‘someone they can get to DC’: internal DHS message
The Democratic vice presidential candidate has made at least 30 visits to China, a dozen of which occurred while he was ...
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China initiates $1.4 trillion in fiscal support with local government debt swaps
CNBC reported that the widely anticipated China stimulus package announcement at the end of the five-day legislature meeting ...
US lawmakers press top chip equipment makers for details on China sales
China hardliners in Congress are calling on the world's foremost semiconductor equipment makers - KLA , LAM , Applied ...
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China to strengthen financial support for economy's high-quality development: report
BEIJING -- The Chinese government will continue to improve the quality and efficiency of financial services, encourage ...
China is eyeing $1.4 trillion in fiscal stimulus and even more if Trump is elected, report says
China is weighing additional stimulus that would increase if Trump wins the US election. The candidate has proposed huge ...
China unveils financial package aimed at boosting the economy
Beijing is hoping its plan will help bolster its ailing economy as it braces itself for increased trade tensions with the US ...
China to unveil fiscal stimulus plans on Friday, may hold fire until early 2025: analysts
A week-long session of China’s top legislative body, the National People’s Congress (NPC) Standing Committee, concludes on ...