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China's lawmakers review bill to raise local government debt ceilings
Chinese lawmakers reviewed a cabinet bill that would raise ceilings on local government debt to replace existing hidden debt as the standing committee of China's top legislature started their meeting on Monday,
China reviews plan to increase local government debt
A closely watched meeting of China's parliament on Monday reviewed a proposal to raise the local government debt limit, according to state media. New debt would go toward replacing hidden debt, the report said,
How China’s smaller private firms may be paying the price for huge local government debts
Recent trials have compounded concerns about unduly harsh legal action targeting businesses in other regions to ease the local debt situation.
China to revise law for tighter scrutiny of govt debt
China aims to step up supervision of government debt and plans to revise the law to do so, a spokesperson of the legislative affairs committee of the National People's Congress (NPC) said on Friday.
China Reviews Plan to Refinance Local Governments’ Hidden Debt
China’s top legislative body reviewed a proposal to move some local governments’ off-balance-sheet debt onto their official accounts, a highly-anticipated move to ease their financial burden that has been foreshadowed by officials.
14h
China is building new villages on its remote Himalayan border. Some appear to have crossed the line
But now, there is a growing population as the Chinese
government
incentivizes hundreds of people to settle there from ...
13h
China And The Fed Are Quietly Adding To A ‘Perfect Storm’ That Could Be About To Blow Up The Bitcoin Price
Arthur Hayes, a cofounder of bitcoin and crypto derivatives pioneer BitMex who went on to set up the Maelstrom investment ...
FiercePharma
6h
AstraZeneca stock tanks over fears of expanding China fraud probe
AstraZeneca’s stock price dropped by 8.4% during Tuesday’s trading in London after a report fueled fears of a potentially ...
CNN on MSN
1d
China on track to record its lowest number of new marriages, official data shows
The number of new marriages recorded in China is on course to fall this year to the lowest level since records began, ...
1d
Head of Myanmar’s military government to visit close ally China
Myanmar's state media says the head of Myanmar’s military government will pay an official visit this week to China, the ...
6h
on MSN
What China Thinks of the 2024 US Election
"The Chinese people and the Chinese government are watching closely what's going on in the U.S.," Xu Qindao told Newsweek.
8h
AstraZeneca falls as fraud investigation reportedly expands in China (update)
An insurance fraud investigation linked to AstraZeneca (AZN) expands in China involving dozens of senior executives. Read ...
1d
on MSN
China files complaint at World Trade Organization over EU tariffs on Chinese electric vehicles
China has moved forward with a complaint at the World Trade Organization that alleges the European Union has improperly set ...
11h
China to unveil J-35 fighter jet, a likely competitor to US' F-35, at Zhuhai Airshow next week
China
is set to unveil its latest stealth fighter jet ... In fact, Global Times, well understood to be a mouthpiece of the ...
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