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.
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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.
Efforts by the US to counter China in the South China Sea could backfire
The US could ramp up efforts to counter China in the South China Sea but that comes with risks, security experts told BI.
China threatens Taiwan with more trade measures after denouncing president’s speech
China is studying further trade measures against Taiwan, the Ministry of Commerce said on Saturday, two days after Beijing slammed a speech by Taiwan President Lai Ching-Te.
China unveils fiscal stimulus measures to revive growth
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.
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…
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
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…
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