China struggles to revive economy; stimulus plans disappoint investors | Zen Soo / AP Business Writer

  • 📰 BusinessMirror
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 59%

الإمارات العربية المتحدة أخبار أخبار

الإمارات العربية المتحدة أحدث الأخبار,الإمارات العربية المتحدة عناوين

HONG KONG—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, and Shanghai’s benchmark gave up a 10 percent initial gain as markets reopened after a weeklong holiday to trade just 3 percent higher.

The NDRC’s chairman, Zheng Shanjie, said China was still on track to attain its full-year economic growth target of around 5 percent. But he acknowledged the economy faces difficulties and an increasingly “more complex and extreme” global environment. A modest package of 1.5 to 2 trillion yuan is more reasonable to expect in the near-term, she said, with another 2 to 3 trillion yuan in 2025.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 19. in AE

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

My two favorite books on business, and they are not about businessJUNE 3 was the centenary of the death of my favorite classic writer Franz Kafka. This column is about the two books (actually, one is a novel; the other, a play) that, while not about business, are the ones that I now look back on and had the most profound lessons about business (and many other things) for me.
مصدر: TheManilaTimes - 🏆 2. / 92 اقرأ أكثر »

China And UK Business Leaders Pledge To Strengthen TiesBusiness leaders from China and the United Kingdom met in London to discuss strengthening business ties. The event focused on Beijing Financial Street (BFS) and its potential for investment.
مصدر: TheManilaTimes - 🏆 2. / 92 اقرأ أكثر »

China woes dent business sentimentHONG KONG — Equity investors trod cautiously Monday as they struggled to build on recent equity gains, with debate swirling around how big an expected US interest rate cut will be this week, while sentiment was being dragged by worries about the Chinese economy.
مصدر: TheManilaTimes - 🏆 2. / 92 اقرأ أكثر »