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China, Trump
China’s stimulus falls short, as a showdown with Trump looms
Lan Fo’an, China’s finance minister, said that local governments would be allowed to issue extra bonds worth trillions of yuan to replace riskier “hidden” debts. These hidden liabilities typically belong to local-government financing vehicles ( LGFV s),
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 respond to a potential trade war when Donald Trump takes office next year.
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
2h
China adds 6 trillion yuan in hidden debt relief, pledges more stimulus – as it happened
China’s top legislative body finishes week-long session as anticipation for fiscal stimulus mounts in wake of Trump triumph.
7h
China Moves to Ease Debt Concerns—but Again Holds Off on Stimulus Measures
Investors’ hopes for large-scale support for the economy were dashed after an anticipatory stock-market surge in recent weeks ...
34m
on MSN
Oil settles down 2% on receding hurricane risk, lackluster China stimulus
Oil prices settled more than 2% lower on Friday as traders grew less fearful of prolonged supply disruptions from a hurricane ...
13h
on MSN
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 ...
1h
Hong Kong Stocks Closed Lower Before China's Stimulus Announcement
Hong Kong shares ended lower, with the Hang Seng Index dropping 1.1% to 20728.19. Investors were eyeing expected ...
9h
China's latest stimulus falls short of expectations
After confirming that on Friday, Finance Minister Lan Foan signalled that more
stimulus
would come. Analysts say
China
...
8h
on MSN
China Extends Lifeline to Local Governments But Holds Off on Big Stimulus
The country’s top legislative body gave its green light for local governments to swap some of their mounting ...
8h
There Are Reasons for Markets to Be Patient on China Stimulus
A $1.4 trillion stimulus package sounds big but investors in Chinese stock markets were clearly hoping for more. Still, there ...
9h
China unveils $1.4 trillion local debt package but no direct stimulus
The measures confirm last week's Reuters report, and mark a departure from the all-out
stimulus
strategies to revive growth ...
7h
on MSN
Oil prices fall after China stimulus disappoints
Oil futures fell Friday, with weakness tied in part to disappointment in China’s latest round of stimulus measures.
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