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),
The Associated Press - Business News on MSN9h
China approves $840B plan to refinance local government debt, boost slowing economyChina has announced a 6 trillion yuan ($839 billion) plan to help local governments refinance their mountains of debt in ...
Years of tight pandemic restrictions and a real estate crisis have drained local government coffers in China, leaving ...
Economists said it was not big enough to address China’s sluggish economy. By Meaghan Tobin and John Liu Meaghan Tobin ...
China top legislative body approved a bill on Friday to allow local governments to issue 6 trillion yuan ($838.8 billion) in ...
The Washington Post on MSN7h
China unveils $1.4 trillion stimulus in effort to boost flailing economyThe outlook is grim for the world’s second largest economy, with growth slowing and the prospect of a new trade war following ...
China has unveiled a $1.4T stimulus package over five years to ease the heavy debt burdens of local governments and support ...
Despite comprehensive plans, market skepticism persists amid limited consumer stimulus and lingering long-term fiscal ...
China has announced a local government debt rescue program days after Trump won the US election. Trump has threatened ...
The country’s top legislative body gave its green light for local governments to swap some of their mounting ...
From May 2023 until November 2023, China violated Taiwan’s air defense identification ... claims democratically governed ...
BEIJING (Reuters) - China will work with the U.S. on the basis of mutual respect, it said on Wednesday as Donald Trump closed ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback