Officials estimate swapping hidden for official debt will save 600 billion yuan in interest for local governments over five years. Having money available for principal repayment
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Here’s what you need to know about China’s $1.4 trillion debt package
Investors look past Beijing’s debt clean-up plan as minister pledges more proactive policy
Markets in Hong Kong and China had their first chance to react to Beijing’s plan for local government debt on Monday after an eventful last week, when Donald Trump reclaimed the …
China hands banks poor stimulus consolation prize
Executives at Chinese state-owned banks probably have one of the financial world’s most thankless jobs. Beijing has loosened capital rules and pledged to inject new equity into its top six lenders to …
Transcript: China’s $1.4tn fiscal package fails to excite
China announced a hefty $1.4tn fiscal stimulus package on Friday. It comes on top of a bunch of monetary measures that Beijing put into action in September. Now, investors have been waiting for months …
China’s top market regulator strikes positive tone as investors brace for turbulence
China’s top market regulator said that he had held two discussions with securities firms and asset managers to urge them to better serve the demand for investment and financing. Wu Qing, the chairman …
Morning Bid: Markets feel familiar frustration with Beijing
A look at the day ahead in European and global markets from Wayne Cole. It’s been a muted session in Asia with investors still nursing a grudge over China’s latest policy package, which was heavy…
China’s push for more babies as demographic crisis deepens lacks real incentives, analysts say
China’s efforts to bolster the birth rate have yet to address the core reasons for their rapid decline, analysts said.
Satellite images and documents indicate China working on nuclear propulsion for new aircraft carrier
For the first time, a group of U.S. researchers has concluded that China has built a land-based prototype nuclear reactor to power future aircraft carriers.
China maps out baseline claims over a contested South China Sea shoal with the Philippines
China has published baselines for a contested shoal in the South China Sea it had seized from the Philippines, a move that’s likely to increase tensions over overlapping territorial claims. The …
Chip war: China’s semiconductor industry braces for another 4 years under Trump
Chinese semiconductor firms are ramping up purchases of foreign chipmaking equipment and looking to forge new alliances China’s semiconductor industry is readying itself for four more combative years …
Explained | What you need to know about China’s $1.4 trillion debt package?
China’s local government debt under official quotas was at 40.74 trillion yuan at the end of 2023, finance ministry data show. The new funds will help repay debt accumulated through local government …
Asian stocks slide as China stimulus disappoints; bitcoin extends record rally
TOKYO: Hong Kong stocks led declines in Asia on Monday after Beijing’s latest stimulus fell short of investor expectations, overshadowing Wall Street’s record highs from Friday and futures pointing to …
CIIE advances China’s high-quality opening up
An exhibitor poses for a selfie at the booth of China during the 7th China International Import Expo (CIIE) in east China’s Shanghai, Nov. 7, 2024. [Photo/Xinhua] Foreign leaders and industry heads …
