5 September, 2015 by The TZ Newswire Staff Comments Off on China: Our new normal is 7% growth
China: Our new normal is 7% growth
FinMin Lou Jiwei said GDP growth would be about 7% for four or five years, and revealed government spending would rise 10% this year.
5 September, 2015 by The TZ Newswire Staff Comments Off on China: Our new normal is 7% growth
China: Our new normal is 7% growth
FinMin Lou Jiwei said GDP growth would be about 7% for four or five years, and revealed government spending would rise 10% this year.
5 September, 2015 by The TZ Newswire Staff Comments Off on China emphasizes stability at G20, fiscal spending quickens
China emphasizes stability at G20, fiscal spending quickens
China’s financial markets are expected to remain stable and the renminbi is not on course for a long-term devaluation, while fiscal spending will grow faster than expected this year, the country’s top financial officials told the G20. Finance Minister Lou Jiwei said that central government spending will rise 10 percent this year, more than the 7 percent growth budgeted at the start of the year, according to a statement late Saturday on the People’s Bank of China website. China will raise dividend payments from designated state-owned enterprises to make up for any shortfalls.
5 September, 2015 by The TZ Newswire Staff Comments Off on Fannie Mae’s $100,000 Liquidation Preferred Comes With Possible Common Stock Upside
Fannie Mae’s $100,000 Liquidation Preferred Comes With Possible Common Stock Upside
5 September, 2015 by The TZ Newswire Staff Comments Off on My Letter To Bill Ackman Regarding The GSEs
My Letter To Bill Ackman Regarding The GSEs
5 September, 2015 by The TZ Newswire Staff Comments Off on G-20: Ultra-low rates aren’t cutting it anymore
G-20: Ultra-low rates aren’t cutting it anymore
The world’s top economies have agreed to step up reform to boost global growth, but were split on China’s surprise yuan devaluation.