China’s stimulus falls short, as a showdown with Trump looms
Lan Fo’an, China’s finance minister, said that local governments would be allowed to issue extra bonds worth trillions of yuan to replace riskier “hidden” debts. These hidden liabilities typically belong to local-government financing vehicles ( LGFV s),
Trump win and threat of more tariffs raises expectations for more China stimulus
Donald Trump's 2024 presidential win has raised the bar for China's fiscal stimulus plans, expected Friday. On the campaign trial, Trump threatened to impose additional tariffs of 60% or more on Chinese goods sold to the U.
The measures confirm last week's Reuters report, and mark a departure from the all-out stimulus strategies to revive growth ...
The country’s banking industry has grappled with weakening profitability under the weight of lower mortgage rates and ailing ...
A $1.4 trillion stimulus package sounds big but investors in Chinese stock markets were clearly hoping for more. Still, there ...
After confirming that on Friday, Finance Minister Lan Foan signalled that more stimulus would come. Analysts say China ...
The country’s top legislative body gave its green light for local governments to swap some of their mounting ...
Hong Kong shares ended lower, with the Hang Seng Index dropping 1.1% to 20728.19. Investors were eyeing expected ...
Oil prices settled more than 2% lower on Friday as traders grew less fearful of prolonged supply disruptions from a hurricane ...
Asian equities were mixed overnight as Singapore, Hong Kong, and Mainland China outperformed while India, the Philippines, ...
During his campaign, Trump proposed raising tariffs on Chinese imports, potentially reducing Chinese exports to the U.S.and ...
The Associated Press - Business News on MSN21h
China to unveil much-anticipated economic stimulus packageStill, the longer-term goals of transforming China into a high-tech and green energy economy seem likely to remain the chief ...
Investors’ hopes for large-scale support for the economy were dashed after an anticipatory stock-market surge in recent weeks ...
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