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China Announces $1.4 Trillion Debt Plan
China Unveils $1.4 Trillion Debt Swap, Saves Stimulus for Trump
China gave indebted local governments a 10 trillion yuan ($1.4 trillion) lifeline but stopped short of unleashing new stimulus, preserving room to respond to a potential trade war when Donald Trump takes office next year.
China announces $1.4 trillion local government debt swap, bonds package
Nov. 8 (UPI) --
China
Friday announced a $1.4 trillion economic stimulus that includes a three-year local government refinance plan to help deal with what was described as hidden
debt
. But it fell short of what many investors believe is needed. Chinese ...
China approves $840B plan to refinance local government debt, boost slowing economy
China
has announced a 6 trillion yuan ($839 billion) plan to help local governments refinance their mountains of
debt
in the latest push to rev up growth in the world's second largest economy BEIJING --
China
on Friday approved a 6 trillion yuan ($839 ...
7h
China Moves to Ease Debt Concerns—but Again Holds Off on Stimulus Measures
Investors’ hopes for large-scale support for the economy were dashed after an anticipatory stock-market surge in recent weeks ...
8h
China unveils $1.4 trillion local debt package but no direct stimulus
They would also exacerbate
China
's industrial overcapacity and the deflationary pressures it fuels, analysts said. The ...
12h
China approves $837 billion debt package to boost its flagging economy
China
has approved a six trillion yuan ($837 billion) plan to bolster its ailing economy by allowing local governments to ...
The Washington Post on MSN
8h
China unveils $1.4 trillion stimulus in effort to boost flailing economy
The outlook is grim for the world’s second largest economy, with growth slowing and the prospect of a new trade war following ...
legit
22h
Nigeria’s Debt to China, World Bank, Others Increases as Naira Loses Value
From N87.4 trillion in September last year, Nigeria’s debt profile surged by about N47 trillion in one year, a debt ...
3d
China And The Fed Are Quietly Adding To A ‘Perfect Storm’ That Could Be About To Blow Up The Bitcoin Price
Arthur Hayes, a cofounder of bitcoin and crypto derivatives pioneer BitMex who went on to set up the Maelstrom investment ...
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