China vows to significantly increase debt to revive economic growth
STORY: China pledged on Saturday (October 12) to "significantly increase" debt in a push to revive its sputtering economy.But it left investors guessing on the overall size of the stimulus package - a vital detail to gauge the longevity of its recent stock market rally.
China, economic stimulus
SINGAPORE (Reuters) - China said on Saturday it will "significantly increase" government debt issuance to offer subsidies to ...
As part of the package, the Ministry of Finance (MOF) plans to issue 1 trillion yuan of special sovereign debt primarily to ... to push to hit the 2024 economic growth target of roughly 5% and ...
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This is roughly equal to the total debt owed by the central and local governments. Further muddying China’s economic outlook is the government’s tight control on economic information.
China said on Saturday it will "significantly increase" government debt issuance to offer subsidies to people with low ...
Without more help on the demand side, China's rate cuts could actually make the economy even worse by exacerbating the ...
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