China gave indebted local governments a 10 trillion yuan ($1.4 trillion) lifeline but stopped short of unleashing new ...
Oil prices settled more than 2% lower on Friday as traders grew less fearful of prolonged supply disruptions from a hurricane ...
The outlook is grim for the world’s second largest economy, with growth slowing and the prospect of a new trade war following ...
After confirming that on Friday, Finance Minister Lan Foan signalled that more stimulus would come. Analysts say China needs ...
Local govts to raise 10 trln yuan for 'hidden' debt swaps Measures seen as stabilising, rather than boosting growth Finance ...
The country’s top legislative body gave its green light for local governments to swap some of their mounting ...
The Associated Press - Business News on MSN21h
China to unveil much-anticipated economic stimulus package
Still, the longer-term goals of transforming China into a high-tech and green energy economy seem likely to remain the chief ...
Beijing looks set to do just enough to stabilize the situation, but not enough to spur growth.
Lan Fo’an, China’s finance minister, said that local governments would be allowed to issue extra bonds worth trillions of ...
The country’s banking industry has grappled with weakening profitability under the weight of lower mortgage rates and ailing ...
Measures announced on Friday to shore up financial stability are incrementally positive but will not push growth higher ...
Iron-ore futures slid on Friday, as investors adopted a cautious stance amid continuously falling demand and ahead of top ...