Woman collects bricks at a demolition site, where an old village is making way for new buildings, on the outskirts of Beijing

Exclusive: China urbanisation plan hits roadblock over spending fears - sources

By Kevin Yao BEIJING (Reuters) - China's plan to spend $6.5 trillion (4.31 trillion pounds) on urbanisation to bolster the economy is running into snags, sources close to the government said, as top leaders fear another spending binge could push up local debt levels and inflate a property bubble. Premier Li Keqiang has rejected an urbanisation proposal drafted by the National Development and Refor…

Market Data

  • Currencies
    NamePriceChange% Chg
    1.2639-0.00-0.26%
    USDSGD=X
    1.62910.00+0.03%
    EURSGD=X
    1.9056-0.00-0.04%
    GBPSGD=X
    80.2843-1.10-1.35%
    SGDJPY=X
    6.14210.02+0.29%
    SGDHKD=X
    2.39930.01+0.63%
    SGDMYR=X
    7,726.324719.08+0.25%
    SGDIDR=X
    4.85470.01+0.27%
    SGDCNY=X
    1.2238-0.00-0.39%
    AUDSGD=X
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  • Commodities
    NamePriceChange% Chg
    1,386.8019.40+1.42%
    GCM13.CMX
    22.490.01+0.06%
    SIN13.CMX
    101.30
    ^XAU
    3.30-0.08-2.40%
    HGN13.CMX
    92.90-1.38-1.46%
    CLN13.NYM
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  • Bonds
    TreasuryYield (%)Yield Change
    0.89
    ^FVX
    2.03
    ^TNX
    3.21
    ^TYX
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MARKET MOVERS

  • Most Actives
    NamePriceChange% Chg
    0.196-0.00-0.51%
    I26.SI
    0.181-0.00-2.16%
    M41.SI
    0.104-0.00-4.59%
    D4N.SI
    0.485-0.03-5.83%
    GJ8.SI
    0.695-0.00-0.71%
    Y92.SI
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    0.15-0.02-9.09%
    G5X.SI
    0.72-0.02-3.36%
    5VJ.SI
    0.36-0.00-1.37%
    594.SI
    1.6050.01+0.56%
    O9D.SI
    0.27-0.00-1.82%
    5OS.SI
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    NamePriceChange% Chg
    0.181-0.00-2.16%
    M41.SI
    0.240.01+4.35%
    E94.SI
    0.1250.00+0.00%
    D08.SI
    0.1050.00+0.00%
    T16.SI
    0.690.02+3.76%
    L5I.SI
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