• Mon
  • Apr 21, 2014
  • Updated: 2:33am

Economic Stimulus

Forget 'Likonomics', it's all about economic stimulus in China again

When Li Keqiang took over as premier early last year, he quickly became known for an economic plan called "Likonomics".

Monday, 7 April, 2014, 7:56am 4 comments

China Development Bank loans point to stealthy economic stimulus

China Development Bank (CDB) has agreed to fund massive infrastructure borrowing by three mainland provincial governments in the latest sign of an effort by Beijing to prop up growth with targeted bursts of lending.

15 Aug 2013 - 9:05am

Key Chinese cities and provinces set to receive stimulus - on the quiet

Government and banking industry sources familiar with the situation told the South China Morning Post that Agricultural Bank of China (Agbank), one of the big four state lenders, signed an agreement with the city government last week to provide loan credit worth 250 billion yuan (HK$314 billion) - equivalent to about 12.5 per cent of Shanghai's GDP for last year.

12 Aug 2013 - 7:23am 2 comments