Stay informed about free updates Just register to go The Chinese economy myFT Digest — delivered directly to your inbox. China unveiled an unexpected cut in lending rates days after a top Communist party policy meeting, a sign of the government’s efforts to boost the slumping economy in the world’s second largest economy. The People’s … Read more
Xi Vows To Revive China’s Finances, Help Indebted Regions
(Bloomberg) — President Xi Jinping unveiled aggressive plans to support China’s local governments, as the ruling Communist Party unveiled a long-term plan for the world’s second-largest economy that offered few surprises. big ones. Most Read from Bloomberg China’s top leader mapped out measures to fix the debt crisis facing regional authorities in a resolution by … Read more