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Shane Solly: Harbour Asset Management spokesperson on China's efforts to stimulate its economy

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Manage episode 445080708 series 2098282
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Over in China, officials have outlined plans to further stimulate the economy amid an ongoing downturn.

China's Ministry of Finance announced that China would issue special sovereign bonds to recapitalise its largest state owned banks.

It would also allow local Governments to use RMB 2.3 trn of local Government special bonds to buy unsold homes.

Harbour Asset Management's Shane Solly explains what this development might mean for the markets.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

7626 episodes

Artwork
iconShare
 
Manage episode 445080708 series 2098282
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Over in China, officials have outlined plans to further stimulate the economy amid an ongoing downturn.

China's Ministry of Finance announced that China would issue special sovereign bonds to recapitalise its largest state owned banks.

It would also allow local Governments to use RMB 2.3 trn of local Government special bonds to buy unsold homes.

Harbour Asset Management's Shane Solly explains what this development might mean for the markets.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

7626 episodes

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