China to Sell Special Sovereign Bonds to Boost Bank Capital
Traffic in Pudong's Lujiazui Financial District in Shanghai, China, on Wednesday, Aug. 7, 2024. The People's Bank of China is potentially getting the respite it’s been hoping for from global financial markets, bringing closer a dose of monetary stimulus long awaited by investors and traders.
China promises to borrow more to shore up economy and boost banks
Simply sign up to the Chinese economy myFT Digest -- delivered directly to your inbox. China said on Saturday it would issue more debt to boost the property market, recapitalise banks and help cash-strapped local governments,
China Vows to Unleash More Borrowing to Spur Economy and Strengthen Banks
The finance minister said Beijing would sell bonds to supplement spending and help banks but did not detail how much.
China tees up fresh spending to boost ailing economy
China said Saturday it would issue special bonds to help its sputtering economy, signaling a spending spree to bolster banks, shore up the property market and ease local government debt as part of one of its biggest support packages in years.
China says will issue special bonds to boost ailing economy
China said Saturday it will issue special bonds to help its sputtering economy and that it had $325 billion in funds raised that it can deploy in the next three
China Says To Use $325 Billion In Bond Funds To Boost Economy
China's finance minister on Saturday said the country had 2.3 trillion yuan available in special bonds over the next three months to boost the flagging economy.
Former China deputy central bank head gets suspended death sentence for taking bribes
China's former deputy central bank governor, Fan Yifei, has been sentenced to death for taking bribes with a two-year ...
China’s Central Bank Launches Swap Facility to Boost Stock Market
China’s central bank is moving ahead with a 500-billion-yuan swap facility to let securities, fund, and insurance firms get ...
China will ‘significantly’ increase spending to revive economic growth
China will “significantly increase” government debt issuance to offer subsidies to people with low incomes, support the ...
China central bank kicks off 500 billion yuan swap facility to aid stock market
China's central bank said on Thursday it would start accepting applications from financial institutions to join a newly ...
World Bank Warns China’s Slowdown May Deepen, Pressure East Asia
The World Bank expects China’s growth to weaken further in 2025 even with a temporary boost from recent stimulus measures, ...
China gives $28 billion to local governments as it vows to meet economic targets
China has set aside 200 billion yuan ($28 billion) for investment projects by local governments this year, as it promised to ...
China September bank lending set to rise on policy support
China's new yuan loans likely jumped in September from August, a Reuters poll showed on Wednesday, as the central bank ramps ...
China may announce fiscal stimulus of up to 2 trillion yuan this weekend: Deutsche Bank
China's Ministry of Finance is expected to hold a briefing on Saturday in which market participants foresee a package worth between 1.5 trillion to 2 trillion yuan unveiled. "It will ...
China’s Stimulus Measures: A Temporary Bandage On Deeper Economic Issues
While the Chinese government has recently enacted stimulus measures to revitalize its flagging economy, many investors and ...
The China Markets Roller Coaster
Here's a look at how Chinese stocks have moved over the past month. A blizzard of stimulus measures from the People's Bank of ...
Pictet HK’s Holding in China Construction Bank Rises to 8.3%
Pictet Asset Management Hong Kong Ltd.’s holding in China Construction Bank shares was raised to 8.32% on Oct. 3 from 0.01%, ...
China's Big Banks to Cut Existing Mortgage Rates Oct 25
BEIJING (Reuters) - Four of China's biggest state-owned banks announced cuts on Saturday to existing mortgage rates starting ...