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China, Australian Treasurer
China Stimulus Likely to Boost Australian Economy
Australian Treasurer Jim Chalmers hailed China’s new stimulus effort as a “really welcome development” for both his nation and the global economy after meetings with counterparts in Beijing during a two-day visit.
China’s Bold Stimulus Measures Won’t Save Its Flagging Economy
“This is a step in the right direction,” wrote Julian Evans-Pritchard, head of China Economics at Capital Economics, in a briefing note. “But it will probably be insufficient to drive a turnaround in growth unless followed up with greater fiscal support.”
Australian treasurer welcomes Chinese efforts to stimulate economy during Beijing visit
Australian Treasurer Jim Chalmers on Friday welcomed Chinese efforts to stimulate its slowing economy, noting that its recent weakness has hurt Australia. Chalmers was wrapping up a two-day visit to Beijing,
Australia Treasurer to Travel to China This Week
Ties between the nations had soured after Australia in 2017 accused China of meddling in its politics. An Australian call in 2020 for an inquiry into the origins of COVID-19 furth
Indexes rally on China stimulus, promising labor-market data
Stock market today: Markets rally again as China ramps up support for its economy
World shares have surged following reports that China plans to spend billions of dollars to help rebuild the capital of state-run banks and provide other fiscal support for the economy.
Stock market today: Indexes rally on China stimulus, promising labor-market data
Indexes rallied Thursday amid a surprise fall in jobless claims and promises from China to further invigorate the country's sluggish economy.
Stock Market Today: Asian Shares Extend Gains After China-Driven Rally
Shares in Asia pushed higher on Wednesday, again led by gains in China, after U.S. stocks climbed to more records in a quiet day of trading
China, industrial profits
China's industrial profits suffer biggest slump this year, adds to economic woes
China's industrial profits swung back to a sharp contraction in August for their biggest decline this year, official data showed on Friday, adding to a recent spate of bleak business readings that point to mounting pressure on the economy.
China’s Industrial Profits Fell in August
China’s industrial profits swung to a decline in August, yet another sign of a broad-based economic slowdown that has already prompted leaders to introduce strong stimulus measures.
China Industrial Profits Fall at Fastest Pace in 15 Months
Profits at China’s industrial firms fell at the sharpest pace since April last year, dragged down by weaker manufacturing as part of an economic slowdown that’s now prompting extraordinary stimulus efforts.
China to inject $142 billion capital into top banks
China weighs injecting $142 bln of capital into top banks, Bloomberg News reports
China is considering injecting up to 1 trillion yuan ($142.39 billion) of capital into its biggest state banks to increase their capacity to support the struggling economy, Bloomberg News reported on Wednesday.
China Weighs Injecting $142 Billion of Capital Into Top Banks
China is considering injecting up to 1 trillion yuan ($142 billion) of capital into its biggest state banks to increase their capacity to support the struggling economy, according to people familiar with the matter.
China considers massive $142B (1 trillion yuan) bank capital infusion
China is on the verge of injecting nearly $142.4B (1 trillion yuan) to increase its biggest state bank’s capacity to support its nose-diving economy and slow markets. Sources confirmed that Beijing planned to issue new sovereign bonds to fund the largest Chinese government bailout since the 2008 global financial crisis.
4h
on MSN
China ETFs set for best week on record after Beijing fires policy ‘bazooka’ to boost economy. Is it time to jump in?
China ETFs have surged on the back of a blitz of stimulus measures by the country’s government to revive the world’s ...
3h
on MSN
China central bank cuts seven-day reverse repo rate to aid economy
China's central bank said on Friday it was lowering the borrowing cost of its seven-day reverse repurchase agreements, as ...
16h
on MSN
China redoubles first-aid for its economy with support for banks and workers
China is redoubling its first-aid for the economy, targeting banks, workers and poor families as the ruling Communist Party ...
20h
China vows to step up fiscal support for economy
Markets buoyed by politburo promise to drive investment in wake of central bank action to support property and stocks ...
In Depth
17h
In Depth
Exclusive: China to issue $284 billion of sovereign debt this year to help revive economy
China plans to issue special sovereign bonds worth about 2 trillion yuan ($284.43 billion) this year as part of a fresh ...
19h
China admits economy facing new 'problems', vows to fix property sector
Chinese President Xi Jinping and other top leaders admitted Thursday that the world's number two economy was facing new ...
15h
on MSN
China Pledges More Support for Economy
The move sparked hopes that policymakers are readying the sort of fiscal stimulus analysts say is key to the country’s ...
2d
Goodbye Louis Vuitton. China’s Gen Z leans into ‘dupe economy’ as growth prospects stall
China’s economic slowdown means people are spending their more limited funds on so-called “pingti” products, high-quality ...
bdnews24
43m
China cuts rates, injects liquidity as stimulus gathers steam
China
's central bank on Friday lowered interest rates and injected ... Chinese stocks are on track for the best week since ...
2d
on MSN
China Tries to Jolt Ailing Economy
China’s central bank announced an unusually broad package that signals growing unease in Beijing after a run of downbeat ...
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