China's finance minister says room for economic stimulus but offers no plan

Q: How long will it take to read this news story?

The story "China&#039;s finance minister says room for economic stimulus but offers no plan" has 336 words across 13 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "China&#039;s finance minister says room for economic stimulus but offers no plan" was covered 5 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 150 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23005019</li><li>URL: https://beamstart.com/news/chinas-finance-minister-says-room-17287126986350</li></ul>

Business Standard Logo Business Standard 5h ago

China's finance minister says room for economic stimulus but offers no plan - Business Standard

Quick Summary:

The Chinese government is looking at additional ways to boost the economy, Finance Minister Lan Fo'an said Saturday, but he stopped short of unveiling a major new stimulus plan that analysts and stock investors were hoping for.

There are other policy tools that are being discussed that are still in the pipeline, he said at a news conference, adding that there is ample room in the government budget to raise debt and increase the deficit.

Companies have cut back on hiring and wages and a prolonged downturn in the property market has deflated consumer confidence, curbing spending.