Economic powerhouse renowned for its mountains, coastline and cultural heritage aspires to expand its global influence.
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China Stimulus: $1.4 Trillion Booster By Beijing- Who Will Gain?
Finance Minister Lan Foan indicated further stimulus plans are underway. Beijing will allow local governments to allocate 10 trillion yuan ($1.4 trillion) to reduce off-balance sheet, or “hidden,” debt as worries mount over China’s economic…
China Moves to Ease Debt Concerns—but Again Holds Off on Stimulus Measures
The country’s top legislative body gave its green light for local governments to swap some of their mounting off-balance-sheet debts but stopped short of new fiscal stimulus measures to revive the …
China’s stimulus falls short, as a showdown with Trump looms
Lan Fo’an, China’s finance minister, said that local governments would be allowed to issue extra bonds worth trillions of yuan to replace riskier “hidden” debts. These hidden liabilities typically belong to local-government financing vehicles (…
China unveils $1.4 trillion stimulus package to address ‘hidden’ debt
China has unveiled a five-year CNY 10 trillion ($1.4 trillion) financial plan to tackle the problem of ‘hidden’ debt in local governments. The plan, announced by Finance Minister Lan Fo’an, will be …
China’s consumer prices rises slow to 0.3% on year in October
BEIJING (Reuters) – China’s consumer prices rose more slowly in October, while producer price deflation deepened, even as Beijing doubled down on stimulus policies to prop up its sputtering economy.
In 1900 a scholar jumped in a Beijing well out of shame. A palace consort died in a Forbidden City well too. Was she ‘martyred’ or killed?
In 1900 a scholar jumped in a Beijing well out of shame. A palace consort died in a Forbidden City well too. Was she ‘martyred’ or killed?
Dell Technologies Inc. (NYSE:DELL) Expands AI Infrastructure in China, Launches Shenzhen Smart Solutions Center to Meet Growing Demand for AI
We recently published a list of 12 AI News and Ratings You Should Not Miss. In this article, we are going to take a look at where Dell Technologies Inc. (NYSE:DELL) stands against other trending…
Republicans inch closer to ending China’s favored trade status
Fresh off Tuesday’s red sweep, House Republicans have begun to renew the idea of ending China’s preferential trade status.
Exclusive: Peru and China to sign strengthened free-trade agreement in Xi’s APEC visit
Peru and China will sign an updated free-trade agreement that would boost commerce by at least 50% between the countries during President Xi Jinping’s upcoming visit to the Andean nation, Peru’s foreign affairs minister said…
Why China is worried about a second Trump presidency, and how Beijing might react
Donald Trump will return to the White House having set out his foreign policy approach for the next four years.
Senior Beijing official calls for ‘concrete action’ as he meets Hong Kong tycoons
Hong Kong and Macau Affairs Office head meets real estate tycoons and urges them to ‘recognise their responsibilities’.
Thrombotic thrombocytopenic purpura cases after CoronaVac raise concerns over vaccine safety
The COVID-19 pandemic has prompted the rapid development and administration of various vaccines worldwide, with some reports linking these vaccines to immune thrombotic thrombocytopenic purpura (TTP).