China's Ministry of Finance is taking aim at local debt problems before tackling broader economic challenges
In his opening remarks on Saturday, Minister of Finance Lan Fo'an laid out four measures, starting with increasing support for local governments in resolving debt risks.
China’s finance minister says there’s room to boost economy, but offers no plan
The Chinese government is looking at additional ways to boost the economy, Finance Minister Lan Fo’an said Saturday, but he stopped short of unveiling a major new stimulus plan that analysts
Follow China’s Finance Ministry Briefing on Stimulus: Live Blog
Other policy support to watch include: Whether there will be a shift in government spending toward stimulating consumers and families from the traditional mainstay of infrastructure investment Any help for the troubled housing market, such as expansion in a program that allows local governments to buy unsold homes
China’s finance minister says there is room for more economic stimulus but offers few details
China’s finance minister on Saturday said the country will “significantly increase” debt issuance to counter slow economic growth, stabilize the property market, top up the capital of state banks, and offer help to poorer people.
China's finance minister says there is room for more economic stimulus but offers no plan
China's finance minister says the government is looking at additional ways to boost the economy, but he didn't unveil a major new stimulus plan at a news conference Saturday
Chinese finance minister to deliver highly anticipated briefing on stimulus
Analyst projections for how much fiscal stimulus is needed range from around 2 trillion yuan ($283.1 billion) to more than 10 trillion yuan.
Instant view: Investor reactions to briefing from China's finance ministry on stimulus
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 Finance Ministry Briefing Set to Be Another Boom or Bust Moment for Stimulus Hopes
The pressure is on for China’s Finance Ministry to deliver more fiscal stimulus at a press conference on Saturday.
China’s finance minister Lan Fo’an says there is room for more economic stimulus and offers no plan
The Chinese government is looking at additional ways to boost the economy, Finance Minister Lan Fo’an said Saturday, but he stopped short of unveiling a major new stimulus plan that analysts and stock investors were hoping for.
China’s bold move to stimulate economy? Takeaways from Finance Ministry’s press conference
Finance Minister Lan Foan said Beijing will help local governments with their debt, give subsidies to low-income individuals, support the property market, and replenish state banks’ capital.
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Ministry Of Finance Announces Ultra-Long Bond Issuance Before Weekend Meeting
Asian equities were mixed but mostly higher overnight as Hong Kong outperformed Mainland China and most Asian markets.