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 Donald Trump’s electoral victory.
China unveils US$1.40-trillion local debt package, but no direct stimulus
The measures aim to repair municipal balance sheets as a longer-term objective, rather than directly inject money into the Chinese economy
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 $1.4 Trillion Debt Swap, Saves Stimulus for Trump
China gave indebted local governments a 10 trillion yuan ($1.4 trillion) lifeline but stopped short of unleashing new stimulus, preserving room to ... onto public balance sheets at a press briefing in Beijing on Friday. Funds for that program ...
China announces $1.4 trillion local government debt swap, bonds package
China Friday announced a $1.4 trillion economic stimulus that includes a three-year local government re-finance plan for what was described as hidden debt. But it fell short of what many investors believe is needed.
China Reveals $1.4 Trillion Plan to Bail Out Local Governments
The Chinese government on Friday approved a $1.4 trillion plan to revive the economy, authorizing local governments to refinance crushing debts that have left some cities unable to pay their bills. The move caps a series of steps that China’s leaders started rolling out in September to stimulate growth.
China Disappoints Investors With $1.4 Trillion Debt-Swap Plan
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world China unveiled a much-anticipated 10 trillion yuan ($1.
China unveils $1.4 trillion package to address local government debt issues.
CNBC's Eunice Yoon joins 'The Exchange' to report on China's new debt package and the possibility for more stimulus in the future.
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 ...
China's stimulus plans are choking the profitability of its megabanks, analysts say
The country’s banking industry has grappled with weakening profitability under the weight of lower mortgage rates and ailing ...
Beijing’s Recent Stimulus Failure Is Latest In A Litany Of Mistakes
Initial enthusiasm over Beijing’s September economic stimulus effort has given way to disappointment and lost confidence in future such efforts.
Fed rate cut gives China room to move as Beijing eyes more economic stimulus
US Federal Reserve lowered its benchmark rate less than a day before China is expected to release its latest economic ...
China's latest stimulus falls short of expectations
Beijing has been ramping up efforts to boost the fragile economy ... for News Ltd. Chinacategory China unveils $1.4 ...
China's Stimulus Plan Not Enough To Ignite Stocks
China announces 6 trillion yuan ($840 billion) stimulus plan to ease local debt and boost growth amid global uncertainties ...
Markets Insider on MSN1d
The Chinese market is pinning its hopes on a massive stimulus announcement
On Thursday, China shares rose with the benchmark CSI 300 Index, closing 3% higher. Hong Kong's Hang Seng Index closed 2% up.
China unveils $1.4 trillion local debt package but no direct stimulus
Local govts to raise 10 trln yuan for 'hidden' debt swaps Measures seen as stabilising, rather than boosting growth Finance ...
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 ...