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BEIJING BUDGET DEFICIT
China plans $411 bn special treasury bond issuance next yearChina will issue 3 trillion yuan in special treasury bonds next year to revive the economy. The funds will be used for subsidy programs, bu...
China vows to issue more debt, cut interest rates next yearChina pledged to boost its economy amidst rising trade tensions with the US and internal economic challenges. The government will increase ...
Asian stocks fluctuate as traders await US CPIJapanese and Australian equities slipped, while Korean shares rose. S&P 500 contracts were little changed on Wednesday following a 0.3% dro...
China mulls record local debt quota, wider budget deficitChinese officials are considering a record quota for special local government bonds this year and widening the budget deficit target as the...
IMF intends to ban Pakistan from seeking more Chinese loans, say reportsIslamabad's plan to seek PKR 7.9 billion from China for China Pakistan Economic Corridor (CPEC) projects is now likely to hinge upon the IM...
China says will quicken special funds spending to support economyBy the end of October, local governments had spent 1.198 trillion yuan ($180.7 billion), accounting for 70.9% of special funds actually all...
China’s fiscal coffers are depleted just as coronavirus spurs spendingChina hasn’t exceeded a national deficit ratio of 3% of gross domestic product since at least 2009.
China may raise budget deficit to 4 per cent of GDP: OfficialDirector of the People's Bank of China's surveys and statistics department Sheng Songcheng said the deficit increase would not incur big in...
China's budget deficit in 2016 to reach 3% of its GDPChina's proactive fiscal policy will continue in 2016 and its general public budget deficit will expand, the China International Capital Co...
China announces multiple fiscal policies to boost growthChina announced proactive fiscal policies aimed at stabilising growth as it grappled with industrial overcapacity, sluggish demand.
China's fiscal deficit to be 2.7% of GDP, widest since 2009The Chinese government will pursue an expansionary fiscal policy to prevent its economy from stalling and win back a waning investor confid...
China's budget deficit goes up by 50 pc to $193 billionNotwithstanding rapid revenue growth, China's budget deficit reached $ 193.2 billion in 2013, marking a 50 per cent increase from the previ...
- China to deliver promised stimulus by end of 2010
- Countries to discuss plans for revival
With the global economy mired in recession, the US and China begin talks on Monday to seek a solution together despite tensions over curren...
- Global recession losing force: Geithner
US Treasury Secretary Timothy Geithner said Monday that the global recession seemed to be losing force but that it will be critical for the...
- China's fiscal deficit manageable: Premier
While meeting the press after the annual parliament session, Wen said that his judgement was based on the Chinese government's continuous e...
- China voices concern over rising grain prices, pledges aid
China on Thursday voiced concern over the sharp rise in international prices of grains and pledged an additional donation of USD two millio...