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Top related persons:
Zhu Zhongming - 2 Dado Ruvic - 1 Zhu - 1 Ting Lu - 1 Ellen Zhang - 1 Kevin Yao - 1 Christopher Cushing - 1 ” Stephen Innes - 1
Top related locs:
China Rights BEIJING Beijing BANGKOK Paris Frankfurt Sydney Seoul
Top related orgs:
REUTERS - 1 Rights - 1 Nomura - 1 UBS - 1 Thomson - 1 China - 1 Xinhua - 1 Agency - 1

Search resuls for: "Zhu Zhongming"


2 mentions found


☆ China's new bonds to help economic recovery, official says, as budget deficit rises
  + stars: | 2023-10-25 | by ( ) www.reuters.com   time to read: +3 min
REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsBEIJING, Oct 25 (Reuters) - China's new sovereign bonds will help bolster the economic recovery, China's vice finance minister Zhu Zhongming said on Wednesday, as the government's stepped-up fiscal stimulus sharply raises its budget deficit. The government's debt level is still within a reasonable range, the minister said, without giving details. Analysts at UBS expect the government to raise its budget deficit and special local bond quotas for 2024, alongside further cuts in interest rates and bank reserve requirement ratios. China's parliament has also approved a bill to allow local governments to front load part of 2024 local bond quotas. Local governments had been told to complete the issuance of the 2023 quota of 3.8 trillion yuan in special local bonds by September to fund infrastructure projects.
Persons: Dado Ruvic, Zhu Zhongming, Zhu, Ting Lu, Ellen Zhang, Kevin Yao, Christopher Cushing Organizations: REUTERS, Rights, Nomura, UBS, Thomson Locations: Rights BEIJING, Beijing, China
☆ Stock Market Today: World Shares Mixed After China Pledges More Support for Slowing Economy
  + stars: | 2023-10-25 | by ( Associated Press | Oct. | At A.M. | ) www.usnews.com   time to read: +3 min
BANGKOK (AP) — World shares were mixed Wednesday after China pledged more spending to energize its economy. U.S. futures were mixed and oil prices turned higher. In early European trading, Germany's DAX fell 0.4% to 14,825.07 and the CAC 40 in Paris lost 0.5% to 6,864.02. A solid job market and spending by U.S. households has helped keep the economy chugging along. In the oil market, prices have dipped, taking some more pressure off inflation.
Persons: Zhu Zhongming, ” Stephen Innes, Hong, Germany's DAX, Kospi, India's Sensex, they've, they’re, Brent, it's Organizations: China, Xinhua, Agency, Management, CAC, Dow Jones, Dow, Nasdaq, Japan's Nikkei, Sydney, Stock, Treasury, Fed, U.S Locations: BANGKOK, Paris, Frankfurt, Sydney, Seoul, London, Tokyo, Hong Kong . U.S, China, Shanghai, Bangkok, U.S, Israel, Iran
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