We’ll see if this form of financial engineering—swapping new on-balance-sheet debt for the old hidden variety—is the aspirin ...

Beijing must spend trillions of yuan to undo decades of loose credit.

They would also exacerbate China's industrial overcapacity and the deflationary pressures it fuels, analysts said. The ...

China Friday announced a $1.4 trillion economic stimulus that includes a three-year local government re-finance plan for what ...

China top legislative body approved a bill on Friday to allow local governments to issue 6 trillion yuan ($838.8 billion) in ...

Hong Kong CNN — China has approved a 10 trillion yuan ($1.4 trillion) plan to bolster its ailing economy by allowing local ...

China has announced a 6 trillion yuan ($839 billion) plan to help local governments refinance their mountains of debt in the ...

China’s latest debt swap plan disappointed stock investors, with market watchers now turning their focus to upcoming policy ...

China gave indebted local governments a 10 trillion yuan ($ ... Officials unveiled details of a program to refinance “hidden” ...

the Standing Committee of China’s legislature, the National People’s Congress, approved the issuance of 6 trillion yuan, ...

NBC News' Janis Mackey Frayer in Beijing explains why China needs to revive its economy and prepare for a Trump ...

Then they took on even more of debt during the Covid-19 pandemic. China’s central government has relatively low levels of ...