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 …
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Investor reactions to briefing from China’s finance ministry on stimulus
Follow China’s Finance Ministry Briefing on Stimulus: Live Blog
Other policy support to watch include: Whether there will be a shift in government spending toward stimulating consumers and families from the traditional mainstay of infrastructure investment Any help for the troubled housing market, such…
China car sales rise, snapping five-month decline on subsidy boost
China’s passenger vehicle sales rose 4.3% in September from a year earlier, snapping five months of decline with a boost from a government subsidy to encourage trade-ins as part of broader stimulus …
Emerging-market assets pare losses with Beijing plan in focus
EMERGING-MARKET (EM) stocks trimmed weekly losses and currencies halted an eight-day rout ahead of a key briefing from China’s finance minister, where he is expected to unveil fresh measures to revive …
Instant 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 …
China says will ‘significantly increase’ debt to revive economic growth
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 …
China’s big banks to cut existing mortgage rates Oct 25
Four of China’s biggest state-owned banks announced cuts on Saturday to existing mortgage rates starting on Oct. 25, as the authorities ramp up efforts to stimulate the world’s second-biggest economy.
China to Issue Local Government Bonds to Support Property Sector
China will allow local governments to issue bonds to support the ailing property sector as it pushes to put a floor under an economic slowdown. The authorities plan to issue special local government bonds and…
China’s Major Banks Slash Mortgage Rates to Boost Economy
China’s four major state-owned banks, including China Construction Bank Corp and Bank of China, announced mortgage rate cuts starting October 25. This strategic move aims to alleviate homeowners’ financial burdens and stimulate the property market,
Banking on company: China’s youth-driven ‘companionship economy’ gains steam, but risks also emerge
Be it talking, shopping, gaming or even mountain climbing – China has witnessed a growing trend of young people seeking out paid companionship. While local media reports have highlighted the merits, potential drawbacks also come…
China’s Fiscal Stimulus to Focus More on Boosting Consumption, Goldman Says
China’s ministry of finance will likely strengthen its fiscal easing stance and show an increased willingness for the central government to take on more debt at its meeting on Saturday, Goldman Sachs economists wrote in…
Australia Wins Its China Trade War
Beijing lifts its ban on the last Aussie export imposed in 2020.
White House forms emergency team to deal with China espionage hack
The serious breach of telecommunications companies has affected “probably now about 10 or 12” firms, two people familiar with the investigation said.