China's top legislative body, the standing committee of the National People's Congress (NPC), approved a bill on raising ...

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

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

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

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

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

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

Chang Shu, Eric Zhu, economists Read more here ... China’s top leader has labeled local government debt one of the three ...

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

Despite comprehensive plans, market skepticism persists amid limited consumer stimulus and lingering long-term fiscal ...