China’s leaders admitted the country’s economy was facing “new situations and problems” on Thursday but people on the streets of financial powerhouse Shanghai suggested that not everyone is being hit equally.
FINANCE
China Unveils Major Economic Stimulus Package: Potential Impact on Crypto Markets
China has unveiled a major economic stimulus package, including measures to increase liquidity and support various sectors, which some speculate could potentially benefit cryptocurrency markets
China’s stimulus-led stock rally pulls Asia and Europe higher; oil falls
European equities clung to the coattails of surging Asian stocks on Thursday, driven by news of aggressive economic stimulus from China and a fall in oil prices on a report Saudi Arabia is preparing to…
China’s central bank tries to save the economy
With luck, China’s government will take the hint. For more expert analysis of the biggest stories in economics, finance and markets, sign up to Money Talks, our weekly subscriber-only newsletter.
Exclusive-China to Issue $284 Billion of Sovereign Debt This Year to Help Revive Economy, Sources Say
(Reuters) – China plans to issue special sovereign bonds worth about 2 trillion yuan ($284.43 billion) this year as part of a fresh fiscal stimulus, said two sources with knowledge of the matter, adding to…
Stock Market Today: Stocks surge on China aid boost, Micron outlook
U.S. equity futures powered firmly higher in early Thursday trading, putting the S&P 500 on pace for another record high, as investors reacted to reports of new financial support for China’s flagging …
China considers massive $142B (1 trillion yuan) bank capital infusion
China is on the verge of injecting nearly $142.4B (1 trillion yuan) to increase its biggest state bank’s capacity to support its nose-diving economy and slow markets. Sources confirmed that Beijing planned to issue new…
China Cut Rates on Existing Mortgages. Why Such Relief Isn’t Likely in the U.S.
The Chinese economy is being dragged down by tumbling property values, and the government is stepping in to boost economic growth. U.S. home prices continue to climb.
China to inject $142 billion capital into top banks as its economy struggles?
Enlisted to support the economy over the past years, lenders such as Industrial & Commercial Bank of China Ltd. and Bank of China Ltd. are now battling record low margins, sinking profits and rising bad…
China Weighs Injecting $142 Billion of Capital Into Top Banks
China is considering injecting up to 1 trillion yuan ($142 billion) of capital into its biggest state banks to increase their capacity to support the struggling economy, according to people familiar …
China Weighs Injecting $142 Billion of Capital Into Top Banks
China is considering injecting up to 1 trillion yuan ($142 billion) of capital into its biggest state banks to increase their capacity to support the struggling economy, according to people familiar …
China weighs injecting $142 bln of capital into top banks, Bloomberg News reports
China is considering injecting up to 1 trillion yuan ($142.39 billion) of capital into its biggest state banks to increase their capacity to support the struggling economy, Bloomberg News reported on …
China weighs injecting $142 bln of capital into top banks, Bloomberg News reports
China is considering injecting up to 1 trillion yuan ($142.39 billion) of capital into its biggest state banks to increase their capacity to support the struggling economy, Bloomberg News reported on …
