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China unveils financial package aimed at boosting economy
China Unveils $1.4 Trillion Package to Boost Economy. Investors Wanted More.
Chinese authorities have done it again, unveiling details of a $1.4 trillion financial package meant to support the world’s second-largest economy, only to leave investors underwhelmed. China will essentially restructure some of the debt weighing down local governments,
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 approves $840B plan to refinance local government debt, boost slowing economy
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 initiates $1.4 trillion in fiscal support
China Unveils $1.4 Trillion Debt Swap to Help Local Governments
China announced a 10 trillion yuan ($1.4 trillion) program to refinance local government debt, as Beijing rolls out more measures to support a slowing economy facing new risks from the reelection of Donald Trump.
China announces $1.4 trillion local government debt swap, bonds package
China Friday announced a $1.4 trillion economic stimulus that includes a three-year local government re-finance plan for what was described as hidden debt. But it fell short of what many investors believe is needed.
China Reveals $1.4 Trillion Plan to Bail Out Local Governments
The Chinese government on Friday approved a $1.4 trillion plan to revive the economy, authorizing local governments to refinance crushing debts that have left some cities unable to pay their bills. The move caps a series of steps that China’s leaders started rolling out in September to stimulate growth.
3h
on MSN
Foreign Firms Pull More Money From China’s Slowing Economy
Foreign companies pulled more money from China last quarter, a sign that some investors are still pessimistic even as Beijing ...
3d
Why Trump tariffs pose a bigger threat to China’s economy this time
HONG KONG, Nov 6 (Reuters) - A threat by Donald Trump, who has been elected as the next U.S. president, to impose 60% tariffs ...
1d
China's huge £1.1tn package to shore up struggling economy as Donald Trump trade wars loom
Donald Trump has previously threatened tariffs on Chinese goods, raising concerns about their impact on China's economy.
中国日报网
8h
China to strengthen financial support for economy's high-quality development: report
BEIJING -- The Chinese government will continue to improve the quality and efficiency of financial services, encourage ...
1d
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 ...
18h
How the Trump presidency might affect the global economy
With his threat to impose tariffs on all imported goods, the rest of the world will have to learn how to better work together ...
1d
Live news: China unveils $1.4tn package to shore up economy
China announced a Rmb10tn ($1.4tn) fiscal package on Friday to help shore up its faltering economy, as it braces for increased trade tensions with the US under Donald Trump.
1d
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 ...
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