local government debt

The recently concluded Politburo meeting in Beijing marked a profound strategic recalibration of China’s economic compass. Moving decisively past the…

China’s debt relief campaign for local governments, launched last year, has delivered its first major success story after Inner Mongolia…

China’s finance minister has pledged to step up the use of fiscal tools to spur domestic demand and tackle local…

Amid a prolonged economic transition, China’s growth engine is shedding its old gears. The heyday of real estate expansion is…

China should issue 30 trillion yuan (US$4.2 trillion) in treasury bonds to swap local governments’ hidden liabilities to re-energise growth…

Recently, some Western media outlets have fixated on a few key challenges within China’s economy: the perceived fragility of the…

China should learn from history and rely more on fiscal measures than rate cuts to spur stock market gains, according…

Since 2022, China’s economy has been haunted by a weak recovery. Real gross domestic product (GDP) growth has fallen below…

China’s tax revenue rose for the second straight month in November on the back of supportive domestic policies, while local…

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