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…
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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’s stimulus message leaves investors wanting though hanging onto hope
China’s highly anticipated announcement of financial stimulus plans on Saturday was big on intent but low on the measurable details that investors need to ratify their recent return to the world’s second-biggest stock market.
Beijing unveils measures to revive economy
China’s finance minister said on Saturday that the country would “significantly increase” government debt issuance to offer subsidies to people with …
Chinese finance minister to deliver highly anticipated briefing on stimulus
Analyst projections for how much fiscal stimulus is needed range from around 2 trillion yuan ($283.1 billion) to more than 10 trillion yuan.
More vague promises as China scrambles to stem economic bleed
China will allow local governments to use bonds to buy unsold homes in a bid to prop up the struggling economy.
Beijing unveils measures to revive economy
China’s finance minister said on Saturday that the country would “significantly increase” government debt issuance to offer subsidies to people with …
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…
