(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…
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Exclusive-China to Issue $284 Billion of Sovereign Debt This Year to Help Revive Economy, Sources Say
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While the meeting readout did not provide many details, it is significant for a country where policy directives are determined at the very top.
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China to issue 2 trillion yuan of sovereign debt this year to help revive economy: sources
CHINA plans to issue special sovereign bonds worth about two trillion yuan (S$366.6 billion) this year as part of a fresh fiscal stimulus, said two sources with knowledge of the matter, adding to a …
Legislation to curb US investment in China is top priority, lawmaker says
The Republican chair of the House select committee on China said on Wednesday the panel’s top priority is legislation restricting U.S. investment in China to stop U.S. investors from “funding our own …
Chinese AI firm Chongqing Terminus Smart Technology files papers for Hong Kong IPO
Chongqing Terminus Smart Technology, a Chinese AI company, joined a growing list of companies seeking to launch their IPOs in Hong Kong.
BASF Cuts Dividend and Weighs Unit IPO After China Slump
BASF SE will cut its dividend as part of a broad reset that could involve further plant closures in Germany to counter high energy prices and a persistent slump in China.Most Read from BloombergNJ …
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 vows ‘necessary spending’ to hit economic growth target
Chinese leaders pledged on Thursday to deploy “necessary fiscal spending” to meet this year’s economic growth target of roughly 5%, acknowledging new problems and raising market expectations for fresh …
