🌐 World · English
Current: 🌐 World · English
Global
Focused
Language
Monday 14 September
🌐 World · English
Current: 🌐 World · English
Global
Focused
Language
Story China

China to pump $54bn into state banks and insurers to boost economy

China
The brief

It comes as Beijing is aiming to reshape its economy in the face of a number of challenges. China's finance ministry will inject $54 billion into state-owned insurers and banks to shore up the financial system. Key points and original sources are listed below.

  • It comes as Beijing is aiming to reshape its economy in the face of a number of challenges.S1
  • China's finance ministry will inject $54 billion into state-owned insurers and banks to shore up the financial system. China Life, China Taiping, PICC, and others will receive capital.S2
  • The Ministry of Finance will China National Tobacco Corp. is also a big subscriber in both.S3
Timeline · newest first
1w BBC

China to pump $54bn into state banks and insurers to boost economy

It comes as Beijing is aiming to reshape its economy in the face of a number of challenges.

1w Cnbctv18

China to pump $54 billion into state banks, insurers in capital-boosting push

China's finance ministry will inject $54 billion into state-owned insurers and banks to shore up the financial system. China Life, China Taiping, PICC, and others will receive capi…

1w Feedburner:ndtvprofit Latest

China Pumps $45 Billion Into Banks, Insurers To Shore Up Economy

The Ministry of Finance will China National Tobacco Corp. is also a big subscriber in both.

China to pump $54bn into state banks and insurers to boost economy

3 outlets 3 reports
The brief

It comes as Beijing is aiming to reshape its economy in the face of a number of challenges. China's finance ministry will inject $54 billion into state-owned insurers and banks to shore up the financial system. Key points and original sources are listed below.

  • It comes as Beijing is aiming to reshape its economy in the face of a number of challenges.S1
  • China's finance ministry will inject $54 billion into state-owned insurers and banks to shore up the financial system. China Life, China Taiping, PICC, and others will receive capital.S2
  • The Ministry of Finance will China National Tobacco Corp. is also a big subscriber in both.S3
Timeline · newest first

Sources · 3 citations

S1 BBC 1 report · EN
S2 Cnbctv18 1 report · EN