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.
What you need to know about China's $1.4 trillion debt package
China unveiled a 10 trillion yuan ($1.4 trillion) debt package on Friday to ease local government financing strains and stabilise flagging economic growth, but officials refrained from announcing direct economic stimulus.
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.
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’s stimulus needs more than ‘patchwork policies’ after new debt-relief plan
Economists spoke after Beijing unveiled its debt-relief plan following a week-long meeting of China’s top legislative body.
Factbox-What you need to know about China's $1.4 trillion debt package
China unveiled a 10 trillion yuan ($1.4 trillion) debt package on Friday to ease local government financing strains and stabilise flagging economic growth, but officials refrained from announcing direct economic stimulus.
China's $1.4 trillion stimulus disappoints: Here's what to know
CNBC’s Eunice Yoon joins 'Squawk Box' with the latest news.
China's 12 Trillion Yuan Debt Swap To Ease Local Debt, Pressure Bank Margins
China's 12 trillion yuan debt swap program is set to pressure banks' net interest margins while helping lenders conserve ...
China Reveals $1.4 Trillion Plan to Bail Out Local Governments
The support package came after smaller measures were announced to jump-start growth. Economists said it was not big enough to ...
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China unveils $1.4 trln local debt package but no direct stimulus
Carlos Casanova, Asia senior economist at UBP, estimated China needed a debt package of 23 trillion yuan to reduce ...
Bailing out China's economy has suddenly become more urgent
Multiple rounds of financial stimulus have slowed the pace of China's economic slowdown, but they've failed to help it ...
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 ...
China’s Finance Ministry to Brief at 4 p.m. on Debt Swap Program
China will brief on a plan to allow local governments to refinance their off-balance-sheet debt at 4 p.m. on Friday in ...