Housing, Credit Data Spotlight China's Slump
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
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China Signals Zero Tolerance For Sharp Economic Slowdown With Rare Steps
(Bloomberg) -- Chinese President Xi Jinping signaled that a sharp slowdown in growth and lingering deflationary risks won’t be tolerated, making a series of rare policy moves to boost the economy while refraining from massive stimulus.Most Read from BloombergIsrael Latest: US Determines Israel Wasn’t Behind Hospital BlastNobody Wants Mutual Funds NowTrump Ally Mike Johnson Becomes Latest GOP House Speaker NomineeChina Developer Country Garden Deemed in Default on Dollar Bond for First TimeBig Te
Source: yahoo.com
China signals zero tolerance for sharp economic slowdown with rare steps
The government increased its headline deficit on Tuesday to the largest in three decades and unveiled a sovereign debt package that marked a shift from its traditional growth model.
Source: moneycontrol.com
China's government bonds to get boost from strong economic data as odds of fiscal stimulus, debt issuance decline
The possibility of Beijing launching additional fiscal stimulus has likely weakened for the rest of the year, providing a reprieve to the bond market that has endured sell-offs over the past two months, fund managers say.
Source: scmp.com
China's September property market package fails to have dramatic effect on buyer confidence, fuelling hopes for more easing
Weak house sales numbers follow action by central government last month to reduce down payments for millions of homebuyers across China.
Source: scmp.com