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China gives government workers first big pay bump in a decade to …
Jan 3, 2025 · Millions of government workers across China were given surprise wage increases this week, people affected by the move said, as Beijing looks to boost spending to support the slowing economy.
China's central bank unveils most aggressive stimulus since …
BEIJING, Sept 24 (Reuters) - China's central bank on Tuesday unveiled its biggest stimulus since the pandemic to pull the economy out of its deflationary funk and back towards the government's ...
China unveils $1.4 trillion local debt package but no direct stimulus
Nov 8, 2024 · China unveiled a 10 trillion yuan ($1.40 trillion) debt package on Friday to ease local government financing strains and stabilise flagging economic growth, as it faces fresh pressure from the re ...
China flags more fiscal stimulus for economy, leaves out key …
Oct 12, 2024 · China finance ministry says will ramp up debt issuance; Size of fiscal stimulus unclear, expected to unnerve markets; Beijing says will support indebted local governments
China vows 'necessary spending' to hit economic growth target
Sep 26, 2024 · China will make good use of its ultra-long special sovereign bonds and local government special bonds to support government investment, the Politburo vowed.
VIEW China's briefing on stimulus gets lukewarm investor reception
SINGAPORE, Oct 12 (Reuters) - China said on Saturday it will "significantly increase" government debt issuance to offer subsidies to people with low incomes, support the property market and ...
Exclusive: Trump launched CIA covert influence operation against …
Mar 14, 2024 · Two years into office, President Donald Trump authorized the Central Intelligence Agency to launch a clandestine campaign on Chinese social media aimed at turning public opinion in China against ...
China will work with US, government says, but more rivalry …
Nov 5, 2024 · China will work with the U.S. on the basis of mutual respect, it said on Wednesday as Donald Trump closed in on victory in the presidential election, but strategists said Beijing was bracing for ...
Pressure grows on China for big policy moves to fix economy
Feb 22, 2024 · As the annual meeting of China's parliament approaches next month, its leaders are facing the greatest pressure in almost a decade to take bold policy decisions that safeguard the economy's long ...