China announces more support for economy
China announces more support for economy but holds back on major spending package
China’s economic planning agency outlined details of measures aimed at boosting the economy on Tuesday but refrained from major spending initiatives. The piecemeal nature of the plans announced Tuesday appeared to disappoint investors who were hoping for bolder moves,
China state planner lays out further actions to boost economy but no new plans for major stimulus
China will speed up special purpose bond issuance to local governments to support regional economic growth, senior NDRC officials said.
China announces more support for economy, holds back on spending package
China's economic planning agency outlined details of measures aimed at boosting the economy on Tuesday but refrained from major spending initiatives.
Stock market today: Wall Street points higher even as China holds off on major spending initiatives
Wall Street is pointing higher before the opening bell after Hong Kong’s benchmark plunged more than 9% after Beijing refrained from major spending initiatives as China’s economy slows
China announces special bond to support the economy, no major stimulus
China’s economic planner outlined new measures to support the struggling economy; however, the government refrained from implementing significant new stimulus. China’s National Development and Reform Commission Chairman Zheng Shanjie on Tuesday announced a special purpose bond issuance to local governments to spur their growth.
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