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China, Australian Treasurer

A new stimulus might (or might not) jump-start China's economy

Doldrums continue to plague China's post-pandemic economy. Now the country's leaders are firing up a new round of plans to jump-start growth. It just might not be enough.

Bloomberg L.P. · 5h

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.

ABC · 3h

Australian treasurer welcomes Chinese efforts to stimulate economy during Beijing visit

BEIJING -- 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, the first to China by an Australian treasurer in seven years, as strained bilateral relations mend.

The Washington Post · 2d

China moves to boost ailing economy with property, stimulus measures

The world’s second-largest economy has struggled to rebound from the pandemic, leading financial authorities to cut interest rates and support the property market.

U.S. News & World Report · 2d

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

China redoubles first-aid for its economy

Reuters on MSN · 6h

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 part of the biggest stimulus package since the pandemic unveiled by Beijing this week to support the economy.

Associated Press on MSN · 20h

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 prepares to mark the 75th anniversary of the founding of the People's Republic.

Opinion

Barron's · 1d

China Puts a Band-Aid on Its Economy. It’s Still Missing the Real Problems.

Since taking the helm in July 2023, People’s Bank of China Gov. Pan Gongsheng had avoided giant stimulus bursts of the kind Beijing did amid the 2008-2009 global financial crisis. Pan favored incremental steps, owing to President Xi Jinping’s desire to curb debt, avoid bubbles in the property sector, and keep the yuan stable.

China, industrial profits

Reuters on MSN · 4h

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.

Wall Street Journal · 5h

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.

Bloomberg on MSN · 5h

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.

21hon MSN

Exclusive-China to issue $284 billion of sovereign debt this year to help revive economy, sources say

China plans to issue special sovereign bonds worth about 2 trillion yuan ($284.43 billion) this year as part of a fresh ...

2don 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 ...

China can't boost its economy because its macro policy is 'too slow and reluctant,' Goldman Sachs says

Weak retail sales and potential labor market pressures show China's policy pushes haven't acted quickly enough, according to ...

China’s Shadowy Crypto Brokers Lure $75 Billion as Economy Toils

China’s over-the-counter cryptocurrency brokers are attracting unprecedented inflows, a study shows, reflecting a hunger for ...

7hon 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 ...

57m

European markets poised to jump as China stocks enjoy best week since 2008

European shares are on track to jump higher after China stocks were put on course for their best week since 2008 amid Beijing ...

bdnews244h

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 ...

18hon MSN

First time in months China's Xi is involved in trying to reinvigorate the economy, strategist says

Shaun Rein, the founder and managing director of China Market Research Group, discusses the Chinese government's economic ...

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