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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 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.
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
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.
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,
Steven Madden to cut sourcing from China
Steven Madden to cut sourcing from China on tariff worries under Trump
Steven Madden executives said on Thursday the company was working quickly to shift product sourcing out of China to other countries after Donald Trump's U.S. presidential election victory.
Steven Madden Targets 40% Cut to China Imports to Avoid Tariffs
Steven Madden Ltd. executives said they are accelerating plans to shift sourcing out of China to other countries after Donald Trump’s victory in the US presidential election.
This company is already moving production out of China to avoid Trump tariffs
Hours after Donald Trump recaptured the White House, at least one major American company is already making plans to shift production out of China. Why it matters: Trump has threatened to ramp up tariffs on China to put pressure on Beijing,
34m
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 ...
2h
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 ...
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 ...
2h
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 ...
Foreign Affairs
6h
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.
9h
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 ...
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.
Hosted on MSN
2h
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 ...
11h
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 ...
38m
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 ...
43m
on MSN
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 ...
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