{"id":113288,"date":"2024-10-12T12:07:56","date_gmt":"2024-10-12T05:07:56","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=113288"},"modified":"2024-10-12T12:07:56","modified_gmt":"2024-10-12T05:07:56","slug":"china-stays-cryptic-on-fiscal-stimulus-makes-plans-for-debt-relief-as-it-happened","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=113288","title":{"rendered":"China stays cryptic on fiscal stimulus, makes plans for debt relief: as it happened"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\">China\u2019s Ministry of Finance held a press conference on Saturday morning.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\">Officials spoke about defusing local debt risks and stabilising the property market, adding the central government \u201chas room\u201d for further action and higher deficits. A specific figure for fiscal stimulus was not revealed.<\/p>\n<div datatype=\"p\" data-qa=\"Component-Component\">The conference followed announcements of broad plans from other state bodies, with the People\u2019s Bank of China unveiling <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb e1llv60l0\" href=\"https:\/\/www.scmp.com\/economy\/policy\/article\/3279681\/china-cut-rates-reserve-ratio-support-economy?module=inline&amp;pgtype=article\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"noopener\"><span data-qa=\"Component-Text\" class=\"css-0 ef9u0v00\">cuts to mortgage rates<\/span><\/a> and the National Development and Reform Commission <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb e1llv60l0\" href=\"https:\/\/www.scmp.com\/economy\/policy\/article\/3281464\/chinas-top-economic-planner-set-unveil-wide-ranging-action-plan?module=inline&amp;pgtype=article\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"noopener\"><span data-qa=\"Component-Text\" class=\"css-0 ef9u0v00\">advancing 100 billion yuan<\/span><\/a> (US$14.14 billion) from the central budget for 2025.<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.scmp.com\/economy\/policy\/article\/3282090\/chinas-finance-ministry-holds-press-conference-markets-hope-fiscal-lift\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>China\u2019s Ministry of Finance held a press conference on Saturday morning. Officials spoke about defusing local debt risks and stabilising the property market, adding the central government \u201chas room\u201d for &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=113288\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-113288","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/113288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=113288"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/113288\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=113288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=113288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=113288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}