China said on Saturday it will “significantly increase” government debt issuance to offer subsidies to people with low incomes, support the property market and replenish state banks’ capital as it pushes to revive sputtering economic…
Monthly Archives For October 2024
Customers visit elderly product mall in Shenzhen
A customer tries an electric mobility scooter at an elderly product mall in Shenzhen, south China’s Guangdong Province, Oct. 12, 2024. The elderly product mall in Shenzhen opened to the public recently,
China Says It’s Got a Big Stimulus Coming—But Still Won’t Say How Big
With few details offered by officials, stock investors are back to where they started the week: in a waiting game.
China Leaves Economists Wanting More Action to Defeat Deflation
China moved to further ramp up support for the economy, promising more aid for the slumping property sector and indebted local governments. But officials still haven’t convinced economists that they’re doing enough to defeat deflation.
VIEW Investor reactions to briefing from China’s finance ministry on stimulus
China said on Saturday it will “significantly increase” government debt issuance to offer subsidies to people with low incomes, support the property market and replenish state banks’ capital as it pushes to revive sputtering economic…
China’s finance minister says there is room for more economic stimulus but offers few details
China’s finance minister on Saturday said the country will “significantly increase” debt issuance to counter slow economic growth, stabilize the property market, top up the capital of state banks, and …
China’s bold move to stimulate economy? Takeaways from Finance Ministry’s press conference
Finance Minister Lan Foan said Beijing will help local governments with their debt, give subsidies to low-income individuals, support the property market, and replenish state banks’ capital.
China Shores Up Property Sector, Signals More Spending Is Coming
China will allow local governments to issue bonds to buy unsold homes to support the ailing property sector, as it pushes to put a floor under an economic slowdown.Most Read from BloombergThe Cablebus …
China urges EU not to affect EV tariff talks with separate price negotiations
China urged the European Union on Saturday not to conduct separate negotiations over the prices for China-made electric vehicles, warning that would “shake the foundations” of bilateral tariff …
China’s economic woes give its markets a week to forget, and its public little cause for optimism
This week’s market slump comes at a time when China is struggling to recover from the pandemic and is beset with inflation and a sluggish property market.
Efforts by the US to counter China in the South China Sea could backfire
The US could ramp up efforts to counter China in the South China Sea but that comes with risks, security experts told BI.
China threatens Taiwan with more trade measures after denouncing president’s speech
China is studying further trade measures against Taiwan, the Ministry of Commerce said on Saturday, two days after Beijing slammed a speech by Taiwan President Lai Ching-Te.
China unveils fiscal stimulus measures to revive growth
China’s finance ministry on Saturday unveiled a fiscal stimulus package aimed at reviving the flagging economy and achieving the government’s growth target, though it did not disclose the size of the new measures.
