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10 trillion debt-for-equity swap, real estate tax policies will be introduced in the near future... One article to understand the NPC press conference
Starting from 2024, China will allocate 800 billion yuan from the annual increase in local government special bonds for five consecutive years, specifically for debt restructuring, with a cumulative potential to replace 4 trillion yuan in hidden debt. In addition, with the 6 trillion yuan debt ceiling approved by the National People's Congress Standing Committee this time, it will directly increase local debt resources by 10 trillion yuan.
BMO Comments on New Vehicle Sales in Canada, US
China Yuchai International (CYD.US) terminates the share buyback plan
China Yuchai International announced on Thursday that its board of directors has approved the termination of its share buyback plan, effective immediately.
China Yuchai International Terminates Share Buyback Plan
China Yuchai: As of Today, Repurchased 3.3M Shrs Amounting to a Total Amount of $39.8M >CYD
Express News | China Yuchai Terminates Its Share Buyback Plan