Global Banking Monitor

Sunday, September 8, 2024

Stripe employees get to sell $1bn of shares

It's good news for the Stripe employees...

Strategies for Upskilling Your Workforce in an AI-Driven Economy

In an era where artificial intelligence (AI)...

Five Strategies for Enhancing Internal Communications in Banks

In the fast-paced world of banking, effective...
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China Under Pressure to Stimulate Economy, but Rate Cuts Alone May Not Suffice

By Pete Sadler
Image by David Peterson from Pixabay

Expectations are growing that China’s government will boost spending on infrastructure as part of a broader stimulus push following the central bank’s interest rate cuts.

Authorities may increase the quota for local government special-purpose bonds to finance infrastructure investment, according to Nomura Holdings Inc., Standard Chartered Plc and Morgan Stanley. It’s possible the central government could issue special-purpose bonds, as it did in 2020, or use state policy banks to boost spending, other economists said.

Read More : China Under Pressure to Stimulate Economy, but Rate Cuts Alone May Not Suffice

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