Friday, October 30, 2020
Tags Chinese deficit ratio

Tag: Chinese deficit ratio

UBS Chief China Economist Warns Chinese Central Bank against Money Printing

Public debate over whether China should monetise its fiscal deficit in order to help prop up the post-COVID-19 economy continues in the...

Ex-Finance Minister Calls for Lifting China’s Deficit-to-GDP Ratio to 5.8% to Deal with COVID-19 Impacts

Domestic analysts are calling for a rise in China's deficit-to-GDP ratio above the 3% threshold as part of official efforts to keep...

China Debates Monetisation of Deficit to Deal with COVID-19’s Economic Impacts

The prospect of monetisation of China's fiscal deficit as part of measures to enable its economy deal with COVID-19 is triggering strong...

China’s Deficit Ratio Could Rise to 3% Next Year, Public Debt Head to 50% of GDP: Jia Kang

One of China's leading economists says that consideration should be given to lifting the country's deficit ratio to 3% next year in order to...

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Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...