China’s Debt Swap Plan Not Sufficient to Boost Markets: Street Wrap
China’s latest debt swap plan disappointed stock investors, with market watchers now turning their focus to upcoming policy meetings for further stimulus clues.
China announces $1.4 trillion local government debt swap, bonds package
China Friday announced a $1.4 trillion economic stimulus that includes a three-year local government re-finance plan for what was described as hidden debt. But it fell short of what many investors believe is needed.
China Reveals $1.4 Trillion Plan to Bail Out Local Governments
The Chinese government on Friday approved a $1.4 trillion plan to revive the economy, authorizing local governments to refinance crushing debts that have left some cities unable to pay their bills. The move caps a series of steps that China’s leaders started rolling out in September to stimulate growth.
China Unveils $1.4 Trillion Debt Swap, Saves Stimulus for Trump
China gave indebted local governments a 10 trillion yuan ($1.4 trillion) lifeline but stopped short of unleashing new stimulus, preserving room to respond to a potential trade war when Donald Trump takes office next year.
China unveils $1.4 trillion package to address local government debt issues.
CNBC's Eunice Yoon joins 'The Exchange' to report on China's new debt package and the possibility for more stimulus in the future.
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 unveils new ‘hidden debt’ scheme for local governments
Policymakers approved a proposal to swap six trillion yuan ($840 billion) of hidden debt belonging to local governments
China Unveils $1.4 Trillion Debt Relief Plan To Alleviate Local Government Debt
China announced a nearly $1 trillion five-year plan aimed at alleviating local government debt and driving economic growth. The program will allocate funds annually and issue special bonds over five years to reduce hidden debt.
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The Chinese market is pinning its hopes on a massive stimulus announcement
On Thursday, China shares rose with the benchmark CSI 300 Index, closing 3% higher. Hong Kong's Hang Seng Index closed 2% up.
Markets Shrug at China Debt Bailout
China’s legislators extended a financial lifeline to indebted local governments, but held off on new fiscal stimulus measures to revive the struggling economy. Here's how some China-related assets ...
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China Stock Market: Goldman Sachs sees 20% upside; Vijay Kedia too BULLISH - Here's why
China Stock Market: Chinese shares have the potential to gain about 20% over the next 12 months as the authorities ...
Stock market today: Asian shares gain after US Fed cuts interest rates
Asian shares advanced Friday after most U.S. stocks rose as the Federal Reserve cut interest rates again to ease pressure on ...
China's markets drop as Trump presidency looms
China's yuan and stock markets fell sharply on Wednesday as the prospect of another Donald Trump presidency and Republican control of U.S. Congress risked heightened tensions over trade and technology ...
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Best Chinese Stocks
Here are a few to keep an eye on. The Chinese stock market is still in its infancy compared to the U.S. stock market. While trading equities occurred in Shanghai as early as 1860, the communist ...
Rebound Predicted For China Stock Market
The China stock market on Wednesday ended the two-day winning streak in which it had spiked more than 110 points or 3.3 percent. The ...
China Market Update: China’s Preferred Candidate Wins As Mainland Investors Buy The Hong Kong Dip In Size
Asian equities were mixed overnight despite a very strong US dollar as the US 10-year Treasury Year Yield rose to over 4.6%, while Japan and India were higher, and Hong Kong, Indonesia, and the ...
Stock market today: Wall Street drifts ahead of Election Day and a manic week for markets
NEW YORK -- U.S. stocks drifted lower Monday ahead of a momentous week full of potential flashpoints in Washington, D.C., and ...
That Giant Sucking Sound Is From India’s Stock Market
Andy Mukherjee is a Bloomberg Opinion columnist covering industrial companies and financial services in Asia. Previously, he ...
China's latest stimulus falls short of expectations
rescue package for the stock market. Trump's threats of high tariffs seem so far to have been viewed as negotiable, and ...