China Unveils $1.4 Trillion Package to Boost Economy. Investors Wanted More.
Chinese authorities have done it again, unveiling details of a $1.4 trillion financial package meant to support the world’s second-largest economy, only to leave investors underwhelmed. China will essentially restructure some of the debt weighing down local governments,
China unveils $1.4 trillion package to address local government debt issues.
CNBC's Eunice Yoon joins 'The Exchange' to report on China's new debt package and the possibility for more stimulus in the future.
China unveils sweeping local govt debt swap to lift ailing economy
China on Friday unveiled some of its most ambitious plans in years to lift local government debt and boost its economy, following a meeting of lawmakers eyeing the possibility of
China approves $840B plan to refinance local government debt, boost slowing economy
The plan will be implemented over the next three years, Xu Hongcai, vice-chairman of the National People's Congress's financial and economic committee, said
Business News LIVE Updates Today November 10, 2024: China unveils new ‘hidden debt’ scheme for local governments
The Delhi High Court has ruled in favour of Ambuja Cement Limited, setting aside a show cause notice and an order demanding ₹218.87 crore in stamp duty Read more news like this on HindustanTimes.com
China Unveils $1.4 Trillion Debt Relief Plan To Alleviate Local Government Debt
China announced a nearly $1 trillion five-year plan aimed at alleviating local government debt and driving economic growth. The program will allocate funds annually and issue special bonds over five years to reduce hidden debt.
AFP on MSN1d
China's Xi meets Indonesian president in Beijing
Chinese President Xi Jinping met his Indonesian counterpart Prabowo Subianto in Beijing on Saturday, the state-run Xinhua ...
The Associated Press on MSN6d
China space station crew returns to Earth after 6 months in space
BEIJING (AP) — Three Chinese astronauts returned to Earth on Monday after a six-month stay on the Tiangong space station, ...
China pledges support for Myanmar's political transition
China's Premier Li Qiang expressed support for Myanmar's political reconciliation and 2025 election plans in a meeting with ...
Chinese state media commentaries offer sharp critique of U.S. democracy
the news agency stated in the commentaries that analysts say is the ... troubled state of American democracy struggling ...
CBS News on MSN11d
China's space station gets new crew as Beijing advances President Xi's "space dream"
A new crew of three Chinese astronauts, including the country's only woman spaceflight engineer, entered the Tiangong space ...
China's Xi urges govt officials to push for reform, meet targets
Chinese President Xi Jinping urged senior provincial government officials to "pool their strength" to pursue the country's ...
India Today on MSN2d
Indians stuffed in train toilets, China moves billions with little fuss
It isn't that India hasn't added to its rail capacity, and these images tell a bigger story, which goes even beyond the ...
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5,000-year-old king's tomb discovered in central China
This was reported by The Xinhua News Agency. Located in the Wangzhuang ruins in the city of Yongcheng, the tomb covers a total area of over 17 square meters, a super large size back then.
China's Xi Meets Indonesian President In Beijing: State Media
Chinese President Xi Jinping met his Indonesian counterpart Prabowo Subianto in Beijing on Saturday, the state-run Xinhua news agency said.
"If you fight, you lose each other".Xi Jinping Calls Trump Congrats
China's state-run Xinhua News Agency reported that President Xi Jinping made a congratulatory call to President-elect Donald Trump, who won the U.S.