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

The S&P 500 rose 0.4% to cap its biggest weekly gain since early November 2023 and briefly crossed above the 6,000 level for ...

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

“The new measures will add a combined 10 trillion yuan (US$ 1.4 trillion) to China’s debt relief resources,” Lan said in a ...

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.

Hong Kong shares ended lower, with the Hang Seng Index dropping 1.1% to 20728.19. Investors were eyeing expected ...

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

Lan Fo’an, China’s finance minister, said that local governments would be allowed to issue extra bonds worth trillions of ...

Debt relief and restructuring can help keep the firm operating ... the country is building runways and other “potential ...

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

Investors’ hopes for large-scale support for the economy were dashed after an anticipatory stock-market surge in recent weeks ...