The finance minister outlines measures to support the country’s property market and local governments, but offers no specific amount of potential stimulus package.
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China to increase debt issuance in bid to revive economy
China slipped into deflation in 2023 as a result of weak domestic demand and a struggling property market.
CHINA-GUANGDONG-SHENZHEN-ELDERLY PRODUCT MALL (CN)
A customer tests his blood pressure with a smartwatch at an elderly product mall in Shenzhen south China Guangdon
Residents head north for Chung Yeung break
Hong Kong residents flocked to the mainland on Friday for the Chung Yeung Festival long weekend holiday. RTHK spoke to some residents queuing for a
Beijing supercharging stations empower sustainable, green travel
Situated in Fengtai district, Beijing, the Muxiyuan supercharging station features four supercharging devices, each capable of delivering a maximum charging capacity of 240 kilowatts, 1,000 volts, epitomizing the concept of “15-minute charging, 400 kilometers traveling”.
Customers visit elderly product mall in Shenzhen
A customer tries an electric mobility scooter at an elderly product mall in Shenzhen, south China’s Guangdong Province, Oct. 12, 2024. The elderly product mall in Shenzhen opened to the public recently,
China Says It’s Got a Big Stimulus Coming—But Still Won’t Say How Big
With few details offered by officials, stock investors are back to where they started the week: in a waiting game.
China Leaves Economists Wanting More Action to Defeat Deflation
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.
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…
