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What will be China's inflation rate by the end of 2024?
4
Resolution / Starting Odds
Deflation greater than -0.5% • 25%
Deflation between -0.5% and 0% • 25%
Inflation between 0% and 1% • 25%
Inflation greater than 1% • 25%
Official inflation reports from the National Bureau of Statistics of China or major financial news outlets
Story
China Considers $142 Billion Capital Injection for Major Banks: Bloomberg Report, First Since 2008
Sep 26, 2024, 02:33 AM
China is considering injecting up to $142 billion (1 trillion yuan) of capital into its largest state banks, according to a Bloomberg report. This potential move marks the first capital injection since the global financial crisis in 2008. The funds are expected to come from special sovereign bond sales and are aimed at increasing the banks' capacity to support the struggling economy. The decision comes just days after policymakers announced a series of measures to combat deflationary pressures.
View original story
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Below 1% • 25%
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< 0.1% • 25%
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