Policymakers approved a proposal to swap six trillion yuan ($840 billion) of hidden debt belonging to local governments ...
Why was China’s vaccination campaign ... to exert firm control over all levels of government. To bolster their standing during the pandemic, local cadres are putting a new twist on the concept ...
Despite comprehensive plans, market skepticism persists amid limited consumer stimulus and lingering long-term fiscal ...
The Standing Committee of the 14th National People's Congress, China's top legislature, on Friday approved a bill to raise ...
China said Saturday that it would raise the debt ceiling for local governments in a bid to boost the economy. "We will increase support for local governments in resolving government debt risks ...
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. To help local governments ...
The Standing Committee of the National People's Congress approved on Friday an increase of 6 trillion yuan in the local ...
Nov. 8 (UPI) --China Friday announced a $1.4 trillion economic stimulus that includes a three-year local government refinance plan to help deal with what was described as hidden debt. But it fell ...
China is expected to announce much-anticipated steps to boost its flagging economy at the end of this week's meeting of its ...
China's $1.4 trillion fiscal stimulus package aims to address debt and stabilize the economy, but questions linger over ...
China said on Friday lawmakers had agreed to raise the local government debt ceiling by $840 billion, opening up new funds ...
(Bloomberg) -- China promised ... hinted at greater government borrowing to shore up the economy, as authorities seek to put a floor under the country’s growth slowdown. Local governments ...