China’s finance minister said on Saturday that the country would “significantly increase” government debt issuance to offer subsidies to people with …
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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…
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…
Beijing has finally opened the chequebook to save China’s flagging economy. It may be too late
A fortnight ago, Beijing finally pulled out the bazooka with a plan to cut interest rates, bolster bank liquidity to inject more cash into the economy, and relax rules around property investment.
China’s stock-market rally may ride on Beijing’s weekend stimulus announcement
China’s policymakers disappointed investors this week with a lack of follow-through on recent monetary policy stimulus measures. They get a second chance this weekend.
China’s financial regulator vows to expand institutional opening-up
VCG. China’s National Financial Regulatory Administration (NFRA) pledged to further open up the country’s financial sector, with
China kicks off 500 billion yuan swap facility to aid stock market
China’s central bank said on Thursday it would start accepting applications from financial institutions to join a newly created funding scheme, initially worth 500 billion yuan ($70.62 billion), to aid the capital market.
‘Cutting leeks’: Beijing sparks a retail stock trading frenzy
But the wild market swings also underscore the risks of a headlong dash back into China’s volatile equities, with some using the phrase ge jiucai, meaning “cutting leeks” — a reference to investment …
Iron ore price recovers but posts weekly loss as Beijing stimulus uncertainty weighs
The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 1.15% higher at 789.0 yuan ($111.55) a metric ton. The contract lost 2.18% for the week, …
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