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China Economy

China's Economic Path: A Sizeable Fiscal Package is Key

China should issue at least 10 trillion yuan (US$1.4 trillion) worth of long-term special treasury bonds to boost consumption and help local governments pay off debt, according to leading Chinese economist Mao Zhenhua, founder of the China Chengxin Credit Rating Group. This bold proposal, reported by the SCMP,

China's Stimulus Rally: Will It Last?

China's stock market has surged over 25% in a nine-day winning streak, fueled by Beijing's recent announcements of economic support, as reported by CNBC. The CSI 300 blue-chip index popped over 8% on Monday, its best day in 16 years, before markets closed for a week-long

China Needs a Stimulus Package to Boost Consumer Confidence, Says LSE Professor

China’s economic recovery continues to face headwinds, leaving many wondering about the best path forward. In a recent interview with CNBC, Keyu Jin, a professor at the London School of Economics, argued that a government stimulus package is crucial to jumpstart the economy and restore consumer confidence. In an

China Turns to Ultralong Bonds to Boost Economy Amid Slowing Credit Growth

China will begin selling a series of long-term special treasury bonds this week, signaling Beijing's commitment to supporting its slowing economy, as reported by Nikkei Asia. The issuance, totaling 1 trillion yuan ($138 billion), will include 20-, 30-, and 50-year bonds, with the first batch of 30-year bonds

China’s Strong Quarter Hides Weakness, says Moody's Analytics

China's economy defied expectations in the first quarter of 2024, rebounding with a strong 5.3% year-on-year GDP growth. However, a Moody's Analytics report published on Thursday warns that vulnerabilities lurk beneath the headline growth figure. The report highlights a concerning imbalance. While manufacturing is booming