China just announced a $1.4 trillion plan to rescue its local governments
China has announced a local government debt rescue program days after Trump won the US election.Trump has threatened tariffs of 60% on Chinese goods,
8 Nov 09:16 · Business Insider Nederland
China Reveals $1.4 Trillion Plan to Bail Out Local Governments
The massive support package came after a series of smaller measures in recent weeks were announced to jump-start growth in China’s sluggish economy.
8 Nov 08:53 · NY Times
China announces $1.4 trillion package over five years to tackle local governments' 'hidden' debt
Authorities in Beijing have ramped up stimulus announcements since late September in an effort to bolster its flagging economy.
8 Nov 02:56 · CNBC
China Announces $1.4 Trillion Debt Plan After Trump’s Re-Election
China unveiled a 10 trillion yuan ($1.4 billion) program to help local governments pay off debt and increase spending as its economy faces new risks from the re-electi...
8 Nov 00:00 · Forbes
last updated on 8 Nov 12:03