Economists expect an economic support package worth 2-3 trillion yuan (S$369 billion-$554 billion). Read more at straitstimes.com.
Tagged By finance
China Finance Ministry Calls Press Briefing, Firing Up Stimulus Hopes
China’s finance ministry is set to hold a media briefing Saturday, reigniting expectations that Beijing is readying fiscal stimulus to boost the economy.
China’s finance ministry to detail fiscal policy on Saturday
China’s finance ministry will hold a news conference on Saturday to detail plans on fiscal stimulus intended to lift a faltering economy, the government’s main information office said on Wednesday. Ma …
Why China is hesitant to fire its stimulus bazooka
The rise in China-related equities and commodities, including iron ore and copper following the apparent pivot towards stimulus from the People’s Bank of China last month was stunning, but Ferres says …
Should China investors hold their breath for a Beijing bazooka?
Zheng Shanjie, chair of China’s National Development and Reform Commission, the country’s economic planning agency, held a highly anticipated press briefing in Beijing, where he promised accelerated bond issuance to support the economy, front-loading about…
China’s Finance Minister to brief on fiscal policy on October 12
China will hold a briefing on October 12 to outline initiatives to enhance “counter-cyclical adjustments” in fiscal policy.
How Far Can China’s Giant Economic Stimulus Package Go?
Despite the stimulus, deep structural issues persist in China’s economy, Roach warned. Once a long-time optimist about China, Roach became skeptical when its leaders failed to address concerns raised …
What China’s fading stock rally could mean for investors
China recently unleashed its most aggressive monetary stimulus since the pandemic, dramatically boosting Chinese equities. But is now the time to buy?
China markets start like a lion and end like a lamb after Beijing stimulus comes up short
Shares in mainland China soared at the opening, as markets reopened after the Golden Week holidays. But they slid back as the stimulus plans provided by China’s economic planning agency seemed to …
China’s growth is set to slow next year despite temporary boost from stimulus, World Bank warns
China’s economic growth rate is expected to decline further in 2025 despite a temporary boost from a raft of recent stimulus measures, the World Bank says.
Yuan Drags Asian Currencies as China’s Spending Plans Disappoint
China’s onshore yuan had its worst day in more than a year after a week-long break, fueling a broader weakening among Asian currencies as traders rolled back bets on the world’s second-largest economy.
US-based China ETFs get bumper influx, some investors optimistic tide is turning
Investors flooded U.S.-based exchange-traded funds (ETFs) that target Chinese markets with $5.2 billion in new assets in the past week when mainland China’s financial markets were shut for a national holiday,
Stock market today: Chinese shares soar, then fade as Beijing outlines details of stimulus
Shares soared Tuesday in Shanghai as Chinese markets reopened after a weeklong holiday but then gave up a chunk of their initial gains as officials in Beijing outlined details of …