China's finance minister says there is room for more economic stimulus but offers no plan

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 40 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 63%

Minister Lan Fo Noticias

Stimulus Package,China's Economy,Stock Investors

BEIJING (AP) — The Chinese government is looking at additional ways to boost the economy, Finance Minister Lan Fo'an said Saturday, but he stopped short of...

, Finance Minister Lan Fo'an said Saturday, but he stopped short of unveiling a major new stimulus plan that analysts and stock investors were hoping for.

“There are other policy tools that are being discussed that are still in the pipeline,” he said at a news conference, adding that there is “ample room” in the government budget to raise debt and increase the deficit.at the end of 2022. Companies have cut back on hiring and wages and a prolonged downturn in the property market has deflated consumer confidence, curbing spending.

The finance minister instead said the government would roll out a package of incremental measures to speed up implementation of its existing policies. Former Peruvian President Alejandro Toledo on Friday reappeared in a courtroom built exclusively for judging high-ranking dignitaries to testify in a trial for allegedly receiving several million dollars from Brazilian construction company Odebrecht.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 47. in AR
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Stock market today: Chinese shares soar, then fade as Beijing stimulus plans fall shortTOKYO (AP) — Shares soared Tuesday in Shanghai as Chinese markets reopened after a weeklong holiday but then gave up a chunk of their initial gains as the...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Chinese Chip Stocks Gain $13 Billion on Talk of Beijing Stimulus(Bloomberg) -- Top Chinese chipmaker Semiconductor Manufacturing International Corp. led a $13 billion sector rally, after investors bet that Beijing will...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »