Analysts react to China raising local government debt ceilings
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 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
Simply sign up to the Chinese economy myFT Digest -- delivered directly to your inbox. China has announced a Rmb10tn ($1.4tn) fiscal package to bail out local governments and help shore up its faltering economy,
China's latest stimulus falls short of expectations
SHANGHAI/SINGAPORE, Nov 8 (Reuters) - Investors hoping China would announce extra fiscal buffers for an economy girding for another Donald Trump presidency were disappointed on Friday. China's top legislative body, the standing committee of the National ...
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’s property market shows signs of bottoming out, as home sales accelerate in major cities in October
Analysts said on Monday that China’s property market development trend is quietly shifting, with continuous growth in home ...
China teacher panned for ‘classism’ quiz ranking family status from ‘indecent’ to ‘better’
Social standing questionnaire for secondary school students posed by intern educator sparks mainland social media storm.
CIIE brings the world to Shanghai
CIIE is not just a showcase, but a unique celebration of what the world can achieve when working together across borders.
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 ...
Shanghai Electric signs new agreements with Carrier Group and SKF (China) Sales Co
Shanghai Electric (OTCPK:SIELY) has signed new memoranda of cooperation and strategic agreements with Carrier Group and Svenska Kullagerfabriken AB (SKF) China Sales Co., Ltd. at CIIE 2024. The ...
Analysis-Ready or not? How China scrambled to counter the second Trump shock
After Donald Trump first stormed the White House eight years ago, rattled Chinese leaders responded to his tariffs and fiery ...
Bloomberg L.P.5d
China Data Center Firm Shanghai DC-Science Seeks Private Loan
Shanghai DC-Science Co., a Chinese data center developer and operator, is seeking private debt of about $600 million to ...
Read Your Way Through Shanghai
Shanghai straddles the past and the future, a dizzying prism of many histories and cultures. The poet Sally Wen Mao shares ...
Observer4d
Observer’s Guide to What Not to Miss at This Year’s Shanghai Art Week
We reviewed the full lineup of Shanghai Art Week exhibitions and events—many of which open today—to find the best of the best ...
Why Ralph Lauren, the all-American luxury brand, is a hit in China
As luxury brands struggle to resonate with Chinese consumers, Ralph Lauren is thriving by leaning into its American heritage and preppy core products.
China's CPI inflation rise less than expected in Oct, PPI continue to fall for 25th consecutive month
China reported a consumer inflation of 0.3% year-on-year in October 2024, below both market expectations and the prior ...