Lan Foan

New Business

China to keep high fiscal deficit ratio in 2026 to buoy spending plans: analysts

China is expected to set its fiscal deficit ratio at around 4 per cent of gross domestic product in 2026,…

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New Business

China’s risky shadow banks back in spotlight after Beijing’s debt crackdown

China’s crackdown on borrowing by local governments is forcing state-run entities in even some of the wealthiest provinces to tap…

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New Business

Exclusive | AIIB to expand global footprint with 20-member office in Hong Kong

The Beijing-headquartered Asian Infrastructure Investment Bank will open an office in Hong Kong to enhance the multilateral development lender’s fundraising…

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New Business

China to private enterprises: invest in cross-border infrastructure like AIIB is doing

China will significantly encourage private enterprises to participate in infrastructure projects, including cross-border connectivity initiatives championed by the Asia Infrastructure…

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New Business

At G20 in Washington, top Chinese officials slam trade war as talks remain elusive

China’s central bank governor and finance minister – its top financial and economic officials – have condemned the trade war…

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New Business

Wasteful investments drain China’s economy, undermine government credibility: state media

Inefficient investments continue to be a drain on the economy, and debt-laden local governments need to ensure that the projects…

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New Business

Opinion | 3 challenges for China’s economic growth in 2025

China’s GDP growth slowed during the first three quarters of 2024, from 5.3 per cent to 4.7 per cent, and…

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