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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 governments for tackling hidden debt issues. The program takes effect this year and will run through the end of 2026,
China
's Minister of ...
China's cabinet approves measures to boost trade growth
China's cabinet on Friday approved measures to boost growth in the country's foreign trade, state media reported, after October exports grew at the fastest pace in over two years and the country unveiled fiscal stimulus to revive growth.
China approves $837 billion debt package to boost its 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 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 legislature on Friday.
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 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 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 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 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
1h
China Reveals $1.4 Trillion Plan to Bail Out Local Governments
The support package came after smaller measures were announced to jump-start growth. Economists said it was not big enough to ...
17m
Trump's win spells trouble for a luxury comeback in China
Luxury brands face uncertainty in China as the threat of higher tariffs and rising nationalist sentiments challenge revival ...
56m
Why you may end up paying for the tariffs Trump wants to impose on China
Donald Trump says foreign nations will pay the costs of tariffs he imposes, but usually it's U.S. consumers who pick up the ...
1h
Sweden looks to Brussels after China talks on Volvo EV tariff deal
Sweden hopes the European Union and China can reach a pricing deal on electric vehicles soon, its foreign trade minister told ...
1h
on MSN
China Wants a Deal With Trump, Foreign Ministry Adviser Says
China wants a deal with US President-elect Donald Trump but doesn’t expect the path to an agreement will be easy, according ...
Hosted on MSN
1h
Map Shows US and China's Aircraft Carriers in Pacific This Week
This came after the country's first dual aircraft carrier operation, which was held in the South
China
Sea. Meanwhile, a ...
2h
House Committee Targets Chip Technology Firms for China Ties
It requested information from a handful of firms that make chip manufacturing possible about their commercial ties to China.
2h
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 ...
1h
on MSN
Philippine president angers China with new laws to demarcate South China Sea territories
Philippine President Ferdinand Marcos Jr. has signed two laws reaffirming the extent of his country’s maritime territories ...
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