China Ramps up Fiscal Push to Meet Growth Target
4 Articles
4 Articles
China ramps up fiscal push to meet growth target
BEIJING/HONG KONG, Oct 9 (Reuters) - China allocated 550 billion yuan ($82 billion) in unused government debt quotas on Friday to support local government finances and expand infrastructure investment, as it boosts support for an economy battling wea...
Beijing, Oct 9 (Latin Press) China today authorized the use of 550 billion yuan (about $77.5 billion) of the debt margin available to local governments, in order to strengthen budgets and boost investments. The post China strengthens the financial capacity of local governments first appeared on Noticias Prensa Latina.
[Cable News] The Ministry of Finance has allocated 550 billion yuan of local government debt reserves to support county and district budget guarantees and expand effective investment. The released funds...
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