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 Donald Trump’s electoral victory.
China approves $1.4 trillion debt package in latest measure to boost flagging economy
China has approved a six trillion yuan ($837 billion) plan to bolster its ailing economy by allowing local governments to swap out their hidden debt, unveiling additional stimulus measures to counter a potentially volatile growth path marked by the impending return of Donald Trump to the White House.
China unveils $1.4tn package to shore up economy
China has announced a Rmb10tn ($1.4tn) fiscal package to bail out local governments and help shore up its faltering economy, as it braces for increased trade tensions with the US under Donald Trump.
China approves $840B plan to refinance local government debt, boost slowing economy
China is expected to announce much-anticipated steps to boost its flagging economy at the end of this week's meeting of its legislature on Friday.
China unveils $1.4 trln local debt package but no direct stimulus
China unveiled a 10 trillion yuan ($1.40 trillion) debt package on Friday to ease local government financing strains and stabilise flagging economic growth, as it faces fresh pressure from the re-election of Donald Trump as U.
China announces $1.4 trillion over five years to tackle local governments’ hidden debt
China on Friday announced the central government would allocate an additional 6 trillion yuan ($840 billion) to local governments for tackling hidden debt issues.
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