China’s markets rounded out a rocky week with a 2.8% slide in the CSI 300 Index and a rally in corporate bonds, as all eyes turn to the Ministry of Finance policy briefing on Saturday…
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China arrests former insurance executive as anti-corruption campaign sweeps finance sector
Li Quan, former chair of New China Life Insurance, is accused of embezzlement and bribery and has been expelled from Communist Party Li Quan, former chairman of New China Life Insurance Co Ltd (NCL),
China Puts Investor Patience to Test as Key Meeting Underwhelms
China’s highly anticipated Finance Ministry briefing on Saturday lacked the firepower that equity investors had hoped for, indicating that the volatility that’s gripped the market following a …
Chinese finance minister hints at increasing the deficit at highly anticipated briefing
Analyst projections for how much fiscal stimulus is needed range from around 2 trillion yuan ($283.1 billion) to more than 10 trillion yuan.
China flags more fiscal stimulus for economy, leaves out key details on size
The omission of a dollar figure for the package is likely to prolong investors’ nervous wait for a clearer policy roadmap.
VIEW China’s briefing on stimulus gets lukewarm investor reception
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 pushes to revive sputtering economic…
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 pushes to revive sputtering economic…
China’s finance minister says there is room for more economic stimulus but offers few details
China’s finance minister on Saturday said the country will “significantly increase” debt issuance to counter slow economic growth, stabilize the property market, top up the capital of state banks, and …
China’s bold move to stimulate economy? Takeaways from Finance Ministry’s press conference
Finance Minister Lan Foan said Beijing will help local governments with their debt, give subsidies to low-income individuals, support the property market, and replenish state banks’ capital.
China’s stimulus message leaves investors wanting though hanging onto hope
China’s highly anticipated announcement of financial stimulus plans on Saturday was big on intent but low on the measurable details that investors need to ratify their recent return to the world’s second-biggest stock market.
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 …
Chinese finance minister to deliver highly anticipated briefing on stimulus
Analyst projections for how much fiscal stimulus is needed range from around 2 trillion yuan ($283.1 billion) to more than 10 trillion yuan.
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.
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