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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.
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 financing strains and stabilise flagging economic growth, as it faces fresh pressure from the re-election of Donald Trump as U.S. president.
China approves $1.4 trillion debt package in latest measure to boost flagging economy
Still, at this pace of growth, there’s a risk
Beijing
may miss its annual growth target rate of around 5%. After a summer of dismal economic
news
,
China
’s leader Xi Jinping finally decided to go ahead with a much-needed stimulus package, mostly focused ...
China unveils $1.4tn package to shore up economy
Beijing braces for trade tensions with US under Trump but measures disappoint investors
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
Bloomberg on MSN
8h
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
3h
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 ...
11h
on MSN
China kicks off $1.4 trln in fiscal support with local government debt swaps
China kicked off a fresh round of fiscal support on Friday for its sputtering economy with a package that eases debt ...
1d
on MSN
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.
7h
Analysis-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 ...
12h
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 ...
11h
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 ...
Foreign Affairs
15h
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.
Hosted on MSN
12h
China: Beijing's severe smog problem
Beijing, China - November 01, 2024 Beijing's smoggy weather captured from a high-rise building. This footage was filmed by Ms ...
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