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China Announces $1.4 Trillion Debt Plan
China approves $840B plan to refinance local government debt, boost slowing economy
China has announced a 6 trillion yuan ($839 billion) plan to help local governments refinance their mountains of debt in the latest push to rev up growth in the world's second largest economy
China just announced a $1.4 trillion plan to rescue its local governments
Friday's announcement is the latest in a string of stimulus measures China has taken to turn around its ailing economy.
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, nuclear reactor
Satellite images and documents indicate China working on nuclear propulsion for new aircraft carrier
For the first time, a group of U.S. researchers has concluded that China has built a land-based prototype nuclear reactor to power future aircraft carriers.
China builds nuclear reactor to run aircraft carrier, puts US Navy on alert
China’s PLA Navy already has the largest number of vessels in the world, and its vessels are also quite modern, with updated technology.
Satellite images show China working on nuclear reactor for new warship
China has built a land-based prototype nuclear reactor for a large warship, according to analysis of satellite imagery and Chinese government documents. The images are the clearest sign yet that Beijing is advancing towards producing its first nuclear-powered aircraft carrier.
5h
on MSN
Tens of thousands of Chinese college students went cycling at night. That put the government on edge
They arrived in huge numbers on shared bikes after pedaling 30 miles in the evening chill, pumped by the adrenaline of youth ...
World Socialist Web Site
9h
China announces package for debt-ridden local governments
Wang Tan, chief
China
economist at the Swiss bank UBS, also cited in the Times report, held a similar view. She said that ...
5d
China will work with US, government says, but more rivalry expected under Trump
As Republican Donald Trump claimed victory in the U.S. presidential election, defeating Democrat Kamala Harris, China is ...
CNN
11h
China maps out baseline claims over a contested South China Sea shoal with the Philippines
China’s
move came two days after Philippine President Ferdinand Marcos Jr. signed two laws demarcating the
government
’s ...
Manila Bulletin
18h
China declares baseline claim over Panatag Shoal
China
released over the weekend a portrait of Panatag Shoal (known in
China
as Huangyan Dao) that included its baseline ...
5d
Why Trump tariffs pose a bigger threat to China’s economy this time
In 2018, the property market was strong, driving about a quarter of
China's
economic activity. That meant local ...
3d
China approves $1.4 trillion debt package in latest measure to boost flagging economy
Years of tight pandemic restrictions and a real estate crisis have drained local
government
coffers in
China
, leaving ...
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