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China, Local Governments
China Reveals $1.4 Trillion Plan to Bail Out Local Governments
The massive support package came after a series of smaller measures in recent weeks were announced to jump-start growth in China’s sluggish economy.
China unveils steps to tackle 'hidden' debt of local governments
China will let local governments issue an additional 6 trillion yuan ($837.7 billion) in bonds to swap for off-balance sheet or "hidden" debt over three years, an official said on Friday, in a crucial step to lower systemic risks in the flagging economy.
China announces $1.4 trillion over five years to tackle local governments’ hidden debt
China on Friday announced the central government would allocate an additional 6 trillion yuan ($840 billion) to local governments for tackling hidden debt issues.
China, Trump
US soybean trade with China already strained before Trump's return
Uncertainty increased for U.S. soybean exporters this week with Donald Trump's election win, since shipments to top customer China were severely curbed when a trade war began during Trump’s first presidency.
China is trying to fix its economy. Trump could derail those plans
Trump won the election on a platform that promised steep import taxes, including tariffs as high as 60% on Chinese-made goods. His victory is now likely to hinder Xi Jinping’s plans to transform the country into a technology powerhouse – and further strain relations between the world’s two biggest economies.
China is bracing for fresh tensions with Trump over trade, tech and Taiwan
As U.S. President-elect Donald Trump prepares for his second term in office, China is bracing for unpredictability in its ties with the United States
No winners in trade wars, says Chinese envoy
No Winners in Trade, Industrial Wars, China's Ambassador to US Says
There are no winners in tariff or trade wars, nor in wars over science and technology or industry, China's ambassador to the United States said after Donald Trump won the U.S. presidential election. Ambassador Xie Feng encouraged U.
China warns US there are no winners in trade wars – business live
Two days after the US election result, countries around the world are digesting what impact Trump 2.0 will have on their economies – especially if the president-elect kicks off a trade war. China would obviously be in the firing line,
No winners in trade wars, says Chinese envoy, as U.S. confrontation looms
There are no winners in tariff or trade wars, nor in wars over science and technology or industry, said China's top envoy to the United States, as Donald Trump's presidential election win raised the spectre of another bruising confrontation with China.
China stocks are tumbling
After Trump’s Victory, One Company Prepares to Shift Production From China
Australian company Breville is moving more of its production out of China as quickly as possible to protect itself against any new U.S. tariffs.
China stocks are tumbling, but Trump victory could inspire more stimulus
Chinese stocks tumbled on Wednesday, with indexes taking a hit during local trading hours as news of former President Trump's victory arrived overnight. Hong Kong's Hang Seng index was down 2.2% on the day,
China's Xi Jinping Reacts to Donald Trump's Election Victory
Chinese President Xi Jinping called President-elect Donald Trump to congratulate him on his win in Tuesday's election. Messages from foreign leaders began pouring in after the former president's landslide victory over Vice President Kamala Harris became apparent early on Wednesday.
Hosted on MSN
35m
China announces $1.4 trillion package over five years to tackle local governments' 'hidden' debt
China
on Friday announced the central government would allocate an additional 6 trillion yuan ($840 billion) to local ...
5m
Map Shows US and China's Aircraft Carriers in Pacific This Week
It returned to the base last month following an overseas deployment.
China
's first operational aircraft carrier, the ...
CNN on MSN
8h
Economic upheaval and political opportunity – what Trump’s return could mean for China
China
is bracing for what could be a volatile and highly unpredictable path ahead in its escalating great power rivalry ...
Hosted on MSN
28m
China just announced an $1.4 trillion plan to rescue its local governments
China
announced a debt rescue program to the tune of $1.4 trillion to save heavily indebted local governments and boost its ...
Foreign Affairs
3h
China’s Gray-Zone Offensive Against Taiwan Is Backfiring
Over the past two years, major Chinese military exercises around Taiwan have gone from comparatively rare to almost routine.
The Associated Press - Business News on MSN
8h
China to unveil much-anticipated economic stimulus package
China is expected to announce much-anticipated steps to boost its flagging economy at the end of this week's meeting of its ...
54m
on MSN
Why China Won't Stop Ally North Korea From Fighting Ukraine
China
has remained mum about the deployment of thousands of North Korean troops to Russia in recent weeks. The U.S. and its allies view the development, which followed the signing in June of the ...
38m
on MSN
China summons Philippine ambassador over new maritime laws
China summoned the Philippines' ambassador on Friday to express its objection to two new laws in the Southeast Asian nation ...
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