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China unveils $1.4tn package to shore up economy
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 unveils $1.4tn package to shore up economy
China has announced a Rmb10tn ($1.4tn) fiscal package to bail out local governments and help shore up its faltering economy, as it braces for increased trade tensions with the US under Donald Trump.
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, Philippines
Philippine President Signs New Laws to Assert South China Sea Rights, Sovereignty
China asserts its claim of sovereignty over almost the entire South China Sea through an armada of coast guard ships, some of which are accused by its neighbours of aggressive con
Philippine president angers China with new laws to demarcate South China Sea territories
Philippine President Ferdinand Marcos Jr. signed two laws on Friday reaffirming the extent of his country’s maritime territories and right to resources, including in the South China Sea, angering China,
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 asserting maritime rights and sovereignty over disputed areas of the South China Sea,
China, Trump
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.
China Braces for a New Phase of U.S. Rivalry With Trump’s Return
Beijing is expecting more volatility and competition with the United States, though a lackluster economy may limit China’s options for pushing back.
China's Xi urges US to 'get along' as he congratulates Trump
China's President Xi Jinping congratulated Donald Trump on his U.S. presidential win and urged both nations to find the "right way to get along", as looming U.S. tariffs threatened to return them to the days of a trade war years ago.
The Washington Post on MSN
53m
China unveils $1.4 trillion stimulus in effort to boost flailing economy
China
on Friday announced a $1.4 trillion stimulus program to help local governments deal with debt, as Beijing grapples ...
Hosted on MSN
2h
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 ...
2h
China's latest stimulus falls short of expectations
SHANGHAI/SINGAPORE, Nov 8 (Reuters) - Investors hoping
China
would announce extra fiscal buffers for an economy girding for ...
12h
on MSN
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 ...
Foreign Affairs
7h
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.
3h
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 ...
2h
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 ...
1h
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 ...
40m
on MSN
Kniffen: China has been exporting deflation, and that's been beneficial to the retail sector
Jan Kniffen of J. Rogers Kniffen WWE discusses what potential impact higher tariffs imposed by the incoming Trump ...
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