News Formal

Chinese stocks volatile after Beijing lays out fiscal plans

  • 📰 FT
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Government plans to increase spending to boost world’s second-largest economy

Chinese stocks were volatile on Monday after Beijing sought to reassure investors over the weekend about its plan to increase spending to boost the world’s second-largest economy. The finance ministry on Saturday said it planned to recapitalise local governments and state banks and buy unsold property as part of its stimulus plans but held back from providing detailed figures.

“These changes are enough to maintain optimism leading up to the National People’s Congress session,” said Wei Li, head of multi asset investments of China at BNP Paribas. He said more decisions on stimulus were expected at the Communist party leaders’ meeting on the economy, the Central Economic Work Conference, in December.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 113. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

As Chinese stocks slide, should investors hold their breath for a Beijing bazooka?Expectations of fiscal stimulus stoked a market rally that fizzled out this week
출처: FT - 🏆 113. / 51 더 많은 것을 읽으십시오 »

As Chinese stocks slide, should investors bet on a Beijing bazooka?Expectations of fiscal stimulus stoked a market rally that fizzled out this week
출처: ftenergy - 🏆 47. / 63 더 많은 것을 읽으십시오 »