China approves $1.4 trillion debt package in latest measure to boost flagging economy
Hong Kong CNN — China has approved a 10 trillion yuan ($1.4 trillion) plan to bolster its ailing economy by allowing local governments to refinance their debt, unveiling additional stimulus measures to counter a potentially volatile growth path marked by ...
China Unveils $1.4 Trillion Debt Swap, Saves Stimulus for Trump
Officials unveiled details of a program to refinance “hidden” local debt onto public balance sheets at a press briefing in Beijing on Friday. Funds for that program — telegraphed last month but without a price tag or timeframe — will be provided ...
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 ...
VIEW China raises local government debt ceilings to revive economy
China top legislative body approved a bill on Friday to allow local governments to issue 6 trillion yuan ($838.8 billion) in bonds to swap for off-balance sheet or "hidden" debt over three years, as policymakers sought to spur the sluggish economy.
China announces $1.4 trillion local government debt swap, bonds package
China Friday announced a $1.4 trillion economic stimulus that includes a three-year local government re-finance plan for what was described as hidden debt. But it fell short of what many investors believe is needed.
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.
China raises local government debt ceilings to revive economy
SINGAPORE/SHANGHAI (Reuters) -China top legislative body approved a bill on Friday to allow local governments to issue 6 trillion yuan ($838.8 billion) in bonds to swap for off-balance sheet or "hidden" debt over three years,
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Most Americans expect Trump to increase US debt, Reuters/Ipsos poll finds
Most Americans believe President-elect Donald Trump will push the U.S. government deeper into debt in his new term, though ...
China Nurses Its Debt Hangover
Beijing must spend trillions of yuan to undo decades of loose credit.
Is Kamala Harris' Campaign $20M in Debt? What We Know
Kamala Harris' presidential election campaign ended the 2024 White House contest "at least $20 million in debt," according to Politico's California bureau chief Christopher Cadelago. Cadelago made the ...
George Soros’ 1980s US debt warning echoes today
The stock market boom has diverted our attention from the fundamental deterioration in the financial position of the United ...
How Does Debt Consolidation Work?
Learn how to pay debt off faster or reduce payments with a debt consolidation loan.
Best Debt Consolidation Loans of 2024
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Opinion
Trump needs to tackle the national debt
Trump’s electoral victory will be much less meaningful if he leaves office in four years without addressing our debt and deficit problems.
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How a nonprofit is helping tackle medical debt for millions of Americans
If you think you are alone in dealing with medical debt, guess again.  Recent studies have shown that medical debt is the ...
Why credit card debt forgiveness is worth it even with more Fed rate cuts
But it's still a step in the right direction for borrowers, many of whom have contended with elevated rates on a variety of ...