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 trillion 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's Trillion Dollar Stimulus Package Fails To Address Key Debt Problem, Chief Economist Says
The $1.4 trillion package aims to jumpstart the stagnant economy by allowing local governments to reduce their debt load: report
China unveils new ‘hidden debt’ scheme for local governments
Policymakers approved a proposal to swap six trillion yuan ($840 billion) of hidden debt belonging to local governments
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 Unveils $1.4 Trillion Debt Relief Plan To Alleviate Local Government Debt
China announced a nearly $1 trillion five-year plan aimed at alleviating local government debt and driving economic growth. The program will allocate funds annually and issue special bonds over five years to reduce hidden debt.
China unveils financial package aimed at boosting the economy
Beijing is hoping its plan will help bolster its ailing economy as it braces itself for increased trade tensions with the US under a Trump presidency. View on euronews
Japan’s Stimulus Package to Include Price Relief Steps, NHK Says
Japan’s new economic stimulus package will feature cash handouts to help low-income households deal with inflation and extra ...
As Trump's Return To White House, China Plans New Stimulus Package To Protect Economy From US Trade Policies
During his campaign, Trump proposed raising tariffs on Chinese imports, potentially reducing Chinese exports to the U.S.and ...
China's stimulus plans are choking the profitability of its megabanks, analysts say
The country’s banking industry has grappled with weakening profitability under the weight of lower mortgage rates and ailing ...
Asian Stocks Fall as China's Stimulus Plan Fails to Impress Investors
The package, which was approved Friday, was designed to alleviate local government debt but fell short of investor expectations.
China unveils $1.8 tn package to help debt-ridden local governments but falls short of providing strong stimulus
Apart from the debt support the Chinese authorities are planning to introduce other economic measures but fell short of ...
China Moves to Ease Debt Concerns—but Again Holds Off on Stimulus Measures
Investors’ hopes for large-scale support for the economy were dashed after an anticipatory stock-market surge in recent weeks ...
China's latest stimulus falls short of expectations
After confirming that on Friday, Finance Minister Lan Foan signalled that more stimulus would come ... Casanova said China ...
China’s latest fiscal stimulus disappoints as trade threat rises
Measures announced on Friday to shore up financial stability are incrementally positive but will not push growth higher ...