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 $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 debt-relief plan, keeping further stimulus ammo in reserve arsenal
Week-long NPC Standing Committee meeting ends with mostly forward-looking plans to right China’s economic ship.
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 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.
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Oil prices fall 3% as US hurricane risk recedes, China stimulus disappoints
Oil prices fell 3% on Friday on easing fears of prolonged supply disruptions from a hurricane in the U.S. Gulf of Mexico, ...
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.
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 ...
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 ...
China's Trillion Dollar Stimulus Package Fails To Address Key Debt Problem, Chief Economist Says
The $1.4 trillion package aims to jumpstart the stagnant economy by allowing local governments to reduce their debt load: ...
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 ...
Homebuilder woes, lacklustre China stimulus drag FTSE 100 to 3-month low
Britain's FTSE 100 fell to a three-month low on Friday, dragged down by homebuilder Vistry following a profit warning, while ...
Chinese Stocks Head for Weekly Gain as Traders Await Stimulus
Chinese shares were headed for their best weekly showing in a month, aided by hopes that authorities may unveil stronger ...
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.
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 ...
China’s latest fiscal stimulus disappoints as trade threat rises
Measures announced on Friday to shore up financial stability are incrementally positive but will not push growth higher ...
Morning Bid: Stocks at record peaks on stimulus hopes
Wall Street goes into Friday at record peaks, helping to pull MSCI's gauge of global equities to an all-time high with a 3.3% ...