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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.
1h
on MSN
China makes breakthrough advance in new ‘Death Star’ laser weapon: report
Chinese officials say that the weapon can be used to suppress the signals of American GPS and other satellites.
16h
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 ...
15h
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 ...
3h
Tight US election casts a shadow over China’s economic planning
That would free up some funding capacity for the entities that do most of the
government
spending in
China
. To the extent ...
Newsweek on MSN
18h
China Marriage Data Spells Bad News as Birth Rate Struggles
Fewer people have tied the knot so far this year than in the same period during the height of China's strict anti-pandemic ...
FiercePharma
8h
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 ...
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 ...
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, ...
Greek Reporter
3h
China Submits Appeal to WTO Over EU Tariffs on Its Electric Vehicles
China filed an appeal with the WTO over the EU's tariffs on China's EVs as bilateral talks between China and the EU stagnate.
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