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Chinese Stocks, Yuan Fall on Trump Plans, Stimulus Letdown
Chinese stocks and the yuan slumped as fears of worsening Sino-American tensions further undermined investor confidence after a slew of disappointing economic developments.
China is eyeing $1.4 trillion in fiscal stimulus and even more if Trump is elected, report says
China is weighing additional stimulus that would increase if Trump wins the US election. The candidate has proposed huge tariffs on goods from China.
Rupee Opens At Record Low Amid Yuan Weakness, Limited Chinese Stimulus
The Indian rupee opened at a new record low on Monday, depreciating by 2 paise to 84.40 against the US dollar.
China Seen Countering Trump Tariffs With Stimulus, Weaker Yuan
China may embrace greater stimulus, bolster manufacturing, and allow the yuan to weaken to offset the negative effects of a second Trump presidency on the Chinese economy, analysts said.
China’s stimulus falls short, as a showdown with Trump looms
Lan Fo’an, China’s finance minister, said that local governments would be allowed to issue extra bonds worth trillions of yuan to replace riskier “hidden” debts. These hidden liabilities typically belong to local-government financing vehicles ( LGFV s),
1h
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.
1d
China hands banks poor stimulus consolation prize
Executives at Chinese state-owned banks probably have one of the financial world's most thankless jobs. Beijing has loosened ...
Bloomberg on MSN
8d
China's Next Stimulus Package Is Unlikely to Put Market Fully at Ease
Chinese lawmakers are gathering in the shadow of the US election to sign off on a fiscal package that’s set to run into the ...
3d
China adds 6 trillion yuan in hidden debt relief, pledges more stimulus – as it happened
China’s top legislative body approved additional debt relief for local governments and promised more support next year.
4d
There Are Reasons for Markets to Be Patient on China Stimulus
A $1.4 trillion stimulus package sounds big but investors in Chinese stock markets were clearly hoping for more. Still, there ...
4d
China unveils $1.4 trillion local debt package but no direct stimulus
China unveiled a 10 trillion yuan ($1.40 trillion) debt package on Friday to ease local government financing strains and ...
8d
on MSN
China’s Coming Stimulus Is Necessary but Likely Insufficient
Beijing looks set to do just enough to stabilize the situation, but not enough to spur growth.
1d
on MSN
Trump tariff threat looms large on several Asian countries — not just China — says Goldman Sachs
Donald Trump's recent victory is likely to see looming tariffs on China — but it may not be the only country subject to ...
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