China top legislative body approved a bill on Friday to allow local governments to issue 6 trillion yuan ($838.8 billion) in ...
China has announced a 6 trillion yuan ($839 billion) plan to help local governments refinance their mountains of debt in the ...
China kicked off a fresh round of fiscal support on Friday for its sputtering economy with a package that eases debt ...
China has unveiled a $1.4T stimulus package over five years to ease the heavy debt burdens of local governments and support ...
Economists said it was not big enough to address China’s sluggish economy. By Meaghan Tobin and John Liu Meaghan Tobin ...
Friday's announcement is the latest in a string of stimulus measures China has taken to turn around its ailing economy.
China unveiled a 10 trillion yuan ($1.40 trillion) debt package on Friday to ease local government financing strains and ...
Philippine President Ferdinand Marcos Jr. has signed two laws reaffirming the extent of his country’s maritime territories ...
China unveiled a 10 trillion yuan (US$1.4 trillion) program to help resolve a local government hidden debt crisis, as ...
The outlook is grim for the world’s second largest economy, with growth slowing and the prospect of a new trade war following ...
Years of tight pandemic restrictions and a real estate crisis have drained local government coffers in China, leaving ...
Lan Fo’an, China’s finance minister, said that local governments would be allowed to issue extra bonds worth trillions of ...