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View all search resultsChina pledged on Saturday to "significantly increase" debt to revive its sputtering economy, but left investors guessing on the overall size of the stimulus package, a vital detail to gauge the longevity of its recent stock market rally.
China's central bank boosted support for markets on Thursday as it launched a "swap facility" offering firms access to US$70.6 billion in liquidity as Beijing seeks to raise confidence in the country's flagging economy.
While the stimulus measures have raised expectations that Beijing will follow soon with a fiscal package to complement the monetary and financial moves, analysts have raised doubts about their efficacy given weak consumer demand.
Katsunobu Kato, Japan's former health minister and a candidate running in the ruling party leadership race, on Tuesday called for compiling a stimulus package to fund spending to boost domestic investment and revitalize regional economies.
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