China’s finance ministry on Saturday unveiled a fiscal stimulus package aimed at reviving the flagging economy and achieving the government’s growth target, though it did not disclose the size of the new measures.
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Desperate China is gearing up for a war with the West
Beijing is also swift to exploit indications of political weakness and hesitation, notably in the UK since the recent elections, where a familiar band of CCP apologists has supported pressure from China on wavering institutions…
China Vows to Unleash More Borrowing to Spur Economy and Strengthen Banks
The finance minister said Beijing would sell bonds to supplement spending and help banks but did not detail how much.
The Boomerang Effect of Beijing’s Economic Censorship
By suppressing negative content, the regime could blind itself to China’s economic reality and motivate citizens to seek out uncensored information.
China’s finance minister says there is room for more economic stimulus but offers no plan
China’s finance minister says the government is looking at additional ways to boost the economy, but he didn’t unveil a major new stimulus plan at a news conference Saturday
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,
Australia Wins Its China Trade War
Beijing lifts its ban on the last Aussie export imposed in 2020.
