Investors are waiting anxiously to see details of a fiscal stimulus package expected to be confirmed by Chinese authorities this week.
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Developing | In stimulus signal, China’s top legislature starts session with debt swap plan
In a closely watched session of China’s top legislative body, the review process has begun on a local debt swap bill.
China reveals major economic stimulus in response to potential US election results
Lawmakers in Beijing have gathered to develop a massive round of economic stimuli tailored as a reaction to a Trump or Harris victory in the 2024 US election. | TAG24 …
China’s Lawmakers Review Bill to Raise Local Government Debt Ceilings
BEIJING (Reuters) – Chinese lawmakers reviewed a cabinet bill that would raise ceilings on local government debt to replace existing hidden debt as the standing committee of China’s top legislature …
China’s Next Stimulus Package Is Unlikely to Put Market Fully at Ease
China’s local governments have meanwhile been scaling back spending as the economic downturn and a years-long property slump erode revenues from taxes and land sales. Many are also cautious about …
Financial system reform could help enhance economic resilience
Optimizing financial regulatory systems and greater reform to advance urbanization should be high on the agenda for China’s ongoing economic structural reforms, according to experts who attended the …
China lawmakers gather to approve long-awaited fiscal stimulus
China’s deputy minister of finance Liao Min said in Washington late last month that the package would involve “a series of powerful measures” to resolve debt problems at local governments, which were …
China to hash out stimulus plan with US elections in its sights
China’s top lawmakers gather Monday to hash out a major stimulus package that analysts say could grow even bigger if former US president Donald Trump wins the White House this week.”In our view, the …
China Stimulus Questions to Persist Long After Meeting This Week
The stakes have grown for this week’s conclave of the Standing Committee of the National People’s Congress, the executive body of the nation’s top legislature, as it’s expected to round out China’s …
China piles pressure on rich people and companies to cough up taxes
Simply sign up to the Chinese business & finance myFT Digest — delivered directly to your … to refill coffers depleted by a property slump. The tax drive comes as Beijing prepares to announce the…
Sink a Navy Aircraft Carrier: How China Starts a ‘Nuclear World War III’
China’s military strategy includes potentially sinking U.S. aircraft carriers to dominate in a Taiwan conflict, as Admiral Lou Yuan suggested in 2019, banking on the notion that American casualties …
How many foreigners work in the Chinese capital? Fewer and fewer
With just a year to go until Beijing’s self-imposed deadline to become an international hub of innovation, just 22,000 foreigners are living and working long term in the Chinese capital. The estimate, …
Finance expert issues warning over the ‘elephant in the room’ that Harris has been quiet about
With the economy top-of-mind for voters heading to the polls, one finance expert is sounding the alarm about … Harris’s lack of conversation surrounding tariffs and really confronting China head on, …