Analyst projections for how much fiscal stimulus is needed range from around 2 trillion yuan ($283.1 billion) to more than 10 trillion yuan.
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Chinese finance minister to deliver highly anticipated briefing on stimulus
More vague promises as China scrambles to stem economic bleed
China will allow local governments to use bonds to buy unsold homes in a bid to prop up the struggling economy.
Beijing unveils measures to revive economy
China’s finance minister said on Saturday that the country would “significantly increase” government debt issuance to offer subsidies to people with …
China will ‘significantly’ increase spending to revive economic growth
China 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 …
China to Sell Special Sovereign Bonds to Boost Bank Capital
The bond issuance is aimed at supporting big state banks to replenish their core tier-1 capital, Finance Minister Lan Fo’an said at a briefing in Beijing. The move will strengthen their capability to …
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 …
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…
