China says it will 'significantly increase' debt to revive economic growth
China said on Saturday it will "significantly increase" government debt issuance to offer subsidies to people with low incomes, support the property market and replenish state banks' capital as it pushes to revive sputtering economic growth.
China's Debt Surge: A Hope for Economic Revival
China plans to significantly increase government debt issuance to support low-income individuals, the property market, and bolster state bank capital. The measures aim to combat economic stagnation, with a proposed 2 trillion yuan in sovereign bonds and additional support for local governments and households.
China to increase debt issuance in bid to revive economy
China slipped into deflation in 2023 as a result of weak domestic demand and a struggling property market.
China unveils fiscal stimulus measures to revive growth
China's finance ministry on Saturday unveiled a fiscal stimulus package aimed at reviving the flagging economy and achieving the government's growth target, though it did not disclose the size of the new measures.
China’s Economic Strategy: Will Fiscal Support Revive the Economy Amid Deflation Concerns?
China has once again made a decisive move to strengthen its economy, with a particular focus on supporting the flagging property sector and addressing the crippling debt burden faced by local governments.
China pledges to raise debt to revive economy
China yesterday pledged to “significantly increase” debt to revive its sputtering economy, but 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 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.
Factbox-China unveils fiscal stimulus measures to revive growth
China's finance ministry on Saturday unveiled a fiscal stimulus package aimed at reviving the flagging economy and achieving the government's growth target, though it did not disclose the size of the new measures.
China to Boost Debt Quota in Bid to Stimulate Economy
The finance minister outlines measures to support the country’s property market and local governments, but offers no specific amount of potential stimulus package.
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 property market and replenish state banks’ capital as it pushes to revive sputtering economic growth.
China Says Will Raise Debt Ceiling For Local Governments
China said Saturday that it would raise the debt ceiling for local governments in a bid to boost the economy. "We will increase support for local governments in resolving government debt risks, increase debt limits on a larger scale,
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China's finance minister says there is room for more economic stimulus but offers no plan
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China says will 'significantly increase' debt to revive economic growth
China said on Saturday it will "significantly increase" government debt issuance to offer subsidies to people with low ...