Page 10 - Logan Wright News Today

China's promised "basket of measures" to defuse local government debt risks is likely to include special bond issuance, debt swaps, loan rollovers, and something Beijing really loathes: dipping into the central budget. Local governments are fundamental to China's economy, with Beijing tasking provincial and city officials with meeting ambitious growth targets. Chinese leaders last month pledged, without detailing, to help ease their debts, signalling worries over a potentia...

International investment firms have been changing their China GDP forecasts nearly every month this year.

International investment firms have changed their China GDP forecasts nearly every month so far this year, with JPMorgan making six adjustments since January.

International investment firms have changed their China GDP forecasts nearly every month so far this year, with JPMorgan making six adjustments since January.

GraceKennedy officially launched its 2023 Birthright programme with a welcome reception at the company’s headquarters in downtown Kingston on July 14. The reception introduced this year’s GK Birthright interns, four university students from the...

#Kingson, July 17, 2023 – Four young people from the Diaspora will receive educational, professional and cultural exposure to strengthen ties with their local heritage under the 2023 GraceKennedy Jamaican Birthright Programme. They are Logan Wright and Bianca Byfield from the United States of America (USA), Samaya Miller from Canada, and Ras.I. Martin from the […]

The $9 trillion of Chinese local government bonds that helped drag the rest of the world out of the 2008 financial crisis are a growing risk this time around. The bonds funded an economic boom in China more than a decade ago, as local authorities borrowed heavily to invest in…

There is a longstanding debate about whether the data is accurate. Some are skeptical of government officials' projections of 5% growth.

(Bloomberg) -- The $9 trillion of Chinese local government bonds that helped drag the rest of the world out of the 2008 financial crisis are a growing risk this time around.Most Read from BloombergDollar’s Busted Bull Run Has Doomsayers Calling End of an EraUS Homeowners Are Tapping $9 Trillion in Real Estate WealthHistory Says It’s Time to Buy Long-Term Bonds as Peak Rates NearIsrael Quietly Embeds AI Systems in Deadly Military OperationsOil Surge to $80 Shows Long-Awaited Market ...

Four university students, two from the United States, one from Canada and one from the United Kingdom, selected for this year’s summer intern programme under the GraceKennedy Jamaican Birthright Programme, will arrive in Jamaica on June 28 for a...