China will raise its deficit in order to boost spending next year, its finance minister said Tuesday according to state media, as Beijing looks to prop up its struggling economy.
Tagged By finance
China, HK stocks gain as banks extend rally, Beijing plans record bond sale
Hong Kong, – Chinese and Hong Kong stocks rallied on Tuesday, driven by banking gains, after reports of Beijing’s planned $411 billion special treasury bond issuance for 2025. ** The Shanghai …
China to ramp up fiscal support for consumption next year
China will ramp up fiscal support for consumption next year by raising pensions and medical insurance subsidies for residents as well as expanding consumer goods trade-ins, its finance ministry said …
Exclusive-China plans $411 billion special treasury bond issuance next year, sources say
The plan for 2025 sovereign debt issuance would be a sharp increase from this year’s 1 trillion yuan and comes as Beijing prepares to soften the blow from of an expected increase in U.S. tariffs…
China plans $411 billion special treasury bond issuance next year, sources say
(Corrects to remove extraneous word in paragraph 2) (Reuters) -Chinese authorities have agreed to issue 3 trillion yuan ($411 billion) worth of special treasury bonds next year, two sources said, …
China’s Finance Ministry Vows Greater, Faster Spending in 2025
China’s finance ministry reaffirmed it will increase public spending with a greater focus on boosting consumption to support the economy next year, ahead of growth headwinds from looming US tariffs.
China’s in the driver’s seat as EV sales are set to keep growing into 2025
China “will add nearly twice as many EV sales next year as the rest of the world combined,” predicts Rho Motion’s Will Roberts.
FirstFT: The worsening tit-for-tat trade war between the US and China
Also in today’s newsletter, Honda and Nissan agree to merger talks and Bangladesh asks India to return exiled former prime minister …
China’s Property Stock Rebound Faces a Reality Check in 2025
China’s real estate woes look set to get worse before they get better, raising the prospect of a miserable year for property shares despite a recent bounce.
China’s plan to dominate legacy chips globally sparks US probe
Under Joe Biden’s direction, the US Trade Representative (USTR) launched a probe Monday into China’s plans to globally dominate markets for legacy chips—alleging that China’s unfair trade practices …
China Pressures Economists to Stay Positive Amid Growing Fears of Deflation
China’s job market woes drive surge in grad school applications amid deflation fears and government pressure on economic commentary.
China says it provided information, documents in Baltic Sea cables inquiry
China has provided information and documents to a joint investigation into two severed Baltic Sea undersea cables, and has invited Germany, Sweden, Finland and Denmark to participate in the probe, the …
China’s Stock Market Faces Another Year of Turmoil. How to Play it.
More bad news on trade could actually help Chinese stocks, at least in the short run, as it could push the government toward more economic stimulus.