China's finance minister says room for more economic stimulus but offers no plan

China’s finance minister says room for more economic stimulus but offers no plan

[ad_1] The Chinese government is looking at additional ways to boost the economy, Finance Minister Lan Fo’an said Saturday, but he stopped short of unveiling a major new stimulus plan that analysts and stock investors were hoping for. Lan’s remarks left the door open for such a plan in the future but he did not […]


Charting the global economy: China opens up stimulus flood gates

Charting the global economy: China opens up stimulus flood gates

[ad_1] China’s policymakers uncorked sweeping stimulus measures aimed at bolstering demand and keeping the world’s second-largest economy from slipping into a deflationary spiral. The People’s Bank of China slashed interest rates on one-year loans and eased rules on purchases of second homes. The government also issued cash handouts and floated new subsidies for some jobless […]