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China unveils $1.4tn package to shore up economy
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
BEIJING
--
China
on Friday approved a 6 trillion yuan ($839 ...
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.
Live news: China unveils $1.4tn package to shore up economy
But the officials did not announce additional measures to directly stimulate domestic demand, potentially disappointing markets that had been hoping the package would also help consumers. The debt relief measures follow the announcement of a large monetary stimulus in September.
China, Trump and Beijing
If Trump is hostile toward China, Beijing has many ways to respond, US analyst says
Especially during transition from Joe Biden, tensions could rise about Taiwan and South China Sea, a former State Department official says.
Why China is worried about a second Trump presidency, and how Beijing might react
Donald Trump will return to the White House having set out his foreign policy approach for the next four years.
China's president congratulates Trump on win, says U.S. and China 'must get along'
Chinese President Xi Jinping congratulated President-elect Donald Trump on his election win and says the U.S. and China must "find a way to get along." NBC News' Janis Mackey Frayer has more on the how Trump's win could impact the U.
Hosted on MSN
3h
Opinion | China Nurses Its Debt Hangover
Beijing
on Friday delivered a long hoped-for fiscal “stimulus” package, and while it may not be what many foreign ...
Bloomberg on MSN
13h
China Unveils $1.4 Trillion Debt Swap, Saves Stimulus for Trump
China
gave indebted local governments a 10 trillion yuan ($ ... to refinance “hidden” local debt onto public balance sheets ...
NBC News on MSN
8h
China has increased military flights near Taiwan by 300%, U.S. general says
Beijing
, which views Lai a “separatist” and a “troublemaker ... Chinese President Xi Jinping has said that he intends to ...
Hosted on MSN
13h
China unveils $1.4 trln local debt package but no direct stimulus
BEIJING
(Reuters) -
China
unveiled a 10 trillion yuan ($1.40 trillion) debt package on Friday to ease local government ...
FOX News on MSN
2d
China officially 'doesn't care' about Trump win; unofficially, experts say Beijing is rattled
He told Fox
News
Digital a Trump win is a "worst-case scenario" for
Beijing
.
China
experts, as well as Chinese citizens ...
16h
on MSN
China sends vice premier to COP29 climate summit in Baku
China's vice premier, Ding Xuexiang, will travel to Baku, the capital of Azerbaijan, to attend the COP29 climate summit next ...
Opinion
4h
Opinion
China Nurses Its Debt Hangover
Beijing must spend trillions of yuan to undo decades of loose credit.
15h
on MSN
EU and China Tout Progress on Negotiations to Avoid EV Tariffs
The European Union and China said they made some progress after a week of technical talks in Beijing aimed at scaling back or ...
20h
Ready or not? How China scrambled to counter the second Trump shock
After Donald Trump first stormed the White House eight years ago, rattled Chinese leaders responded to his tariffs and fiery ...
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