China warns US there are no winners in trade wars – business live
Rolling coverage of the latest economic and financial newsTariffs, tech and Taiwan: how China hopes to Trump-proof its economyBack in China, a 10 trillion yuan (£1trn) program to refinance local government debt has been reportedly rolled out.It’s a sign that Beijing is taking steps to support its economy, before Donald Trump takes office.A major policy decision taking into consideration international and domestic development environments, the need to ensure the stable economic and fiscal operation, and the actual development situation of local governments. Continue reading...
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Rolling coverage of the latest economic and financial news
Back in China, a 10 trillion yuan (£1trn) program to refinance local government debt has been reportedly rolled out.
It’s a sign that Beijing is taking steps to support its economy, before Donald Trump takes office.
A major policy decision taking into consideration international and domestic development environments, the need to ensure the stable economic and fiscal operation, and the actual development situation of local governments.
Continue reading...
