VIEW China raises local government debt ceilings to revive economy
China top legislative body approved a bill on Friday to allow local governments to issue 6 trillion yuan ($838.8 billion) in bonds to swap for off-balance sheet or "hidden" debt over three years, as policymakers sought to spur the sluggish economy.
Lan Fo’an, China’s finance minister, said that local governments would be allowed to issue extra bonds worth trillions of ...
From May 2023 until November 2023, China violated Taiwan’s air defense identification ... claims democratically governed ...
China's fiscal policy announcement was disappointing, said Danske Bank's Allan von Mehren. Beijing announced a 6 trillion ...
BEIJING (Reuters) - China will work with the U.S. on the basis of mutual respect, it said on Wednesday as Donald Trump closed ...
India should join the Regional Comprehensive Economic Partnership (RCEP), a top official at a government think tank said on ...
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Myanmar's state media says the head of Myanmar’s military government will pay an official visit this week to China, the ...
falling prices and mounting local government debts. Investment bank Macquarie estimates that, at the sky-high 60% level, ...
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