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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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.
China Says Major Disagreements Remain With EU Over EV Tariffs
China urged the European Union not to conduct price negotiations with individual electric vehicle manufacturers, as eight rounds of negotiations in Brussels failed to result in an agreement over …
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…
Customers visit elderly product mall in Shenzhen
A customer tries an electric mobility scooter at an elderly product mall in Shenzhen, south China’s Guangdong Province, Oct. 12, 2024. The elderly product mall in Shenzhen opened to the public recently,
China Says It’s Got a Big Stimulus Coming—But Still Won’t Say How Big
With few details offered by officials, stock investors are back to where they started the week: in a waiting game.
China Leaves Economists Wanting More Action to Defeat Deflation
China moved to further ramp up support for the economy, promising more aid for the slumping property sector and indebted local governments. But officials still haven’t convinced economists that they’re doing enough to defeat deflation.
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 Shores Up Property Sector, Signals More Spending Is Coming
China will allow local governments to issue bonds to buy unsold homes to support the ailing property sector, as it pushes to put a floor under an economic slowdown.Most Read from BloombergThe Cablebus …
China urges EU not to affect EV tariff talks with separate price negotiations
China urged the European Union on Saturday not to conduct separate negotiations over the prices for China-made electric vehicles, warning that would “shake the foundations” of bilateral tariff …
China’s economic woes give its markets a week to forget, and its public little cause for optimism
This week’s market slump comes at a time when China is struggling to recover from the pandemic and is beset with inflation and a sluggish property market.
