China Launches $1.4 Trillion Bailout for Local Government Debt Crisis

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US Vice President Kamala Harris conceded the 2024 presidential race to Donald Trump, emphasizing the importance of a peaceful transfer of power and unity in her speech at Howard University. Despite her loss, Harris vowed to continue advocating for key issues like abortion rights and gun control. Her concession followed a decisive victory for Trump, which also saw Republicans capturing the Senate, while control of the House remained uncertain. Harris' campaign was marked by challenges, including President Biden's late decision not to seek reelection.
Topics:business#2024-presidential-election#concession-speech#donald-trump#kamala-harris#politics#us-politics
- China announces trillion-dollar bailout as debt crisis looms Semafor
- China Reveals $1.4 Trillion Plan to Bail Out Local Governments The New York Times
- China unveils 10tn yuan support for debt-stricken local government The Guardian
- China's latest stimulus falls short of expectations Reuters
- China’s Finance Ministry to Brief at 4 p.m. on Debt Swap Program Bloomberg
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