China’s stimulus falls short, as a showdown with Trump looms
Lan Fo’an, China’s finance minister, said that local governments would be allowed to issue extra bonds worth trillions of yuan to replace riskier “hidden” debts. These hidden liabilities typically belong to local-government financing vehicles ( LGFV s),
Economists spoke after Beijing unveiled its debt-relief plan following a week-long meeting of China’s top legislative body.
Executives at Chinese state-owned banks probably have one of the financial world's most thankless jobs. Beijing has loosened ...
A $1.4 trillion stimulus package sounds big but investors in Chinese stock markets were clearly hoping for more. Still, there ...
China’s top legislative body approved additional debt relief for local governments and promised more support next year.
China unveiled a 10 trillion yuan ($1.40 trillion) debt package on Friday to ease local government financing strains and ...
Bloomberg on MSN8d
China's Next Stimulus Package Is Unlikely to Put Market Fully at EaseChinese lawmakers are gathering in the shadow of the US election to sign off on a fiscal package that’s set to run into the ...
CHINA announced a 10 trillion yuan (S$1.8 trillion) programme to refinance local government debt, as Beijing rolls out more ...
Copper rose with other industrial metals following a report of a possible fresh announcement of Chinese stimulus totaling 10 ...
ViewusGlobal on MSN5h
China’s Secret Weapon Against Trump’s Tariffs: Clean Energy & Global MarketsChina is better equipped to respond to Donald Trump's proposed tariffs, despite past trade war experiences with high tariffs.
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