china local government debt

China's local governments have supported growth through heavy borrowing and spending big, but their debt loads are another hurdle to China's development.

Fitch allows China to keep its still-high credit rating but, to the finance ministry’s chagrin, downgrades the country’s ...

Beijing needs an active consumer to drive economic growth, but Chinese households, with reason, don't want to play ...

Commentary As China faces increasing debt pressures from years of excessive borrowing by consumers, state-owned companies, and local ...

Commentary China’s Central Economic Work Conference was concluded in Beijing on Dec. 13. This is a yearly central ...

News Analysis In the last week of October, China experienced a decline in factory activity, with the manufacturing ...

The regime's cutting of local police stations due to high local governments debts amid unrest resembles the signs ...

News Analysis Chinese leader Xi Jinping paid his first-ever visit to the central bank on Oct. 24 since ...

China’s local governments are reporting worsening financial conditions. Their debt ratios have been increasing yearly, posing greater challenges ...

The Chinese Communist Party (CCP) regime's fiscal balance for the first three quarters of 2022 shows that revenue for ...

Chinese authorities admitted on March 19 that outbreaks of new COVID-19 cases occurred in "multiple cities at the ...

The Chinese communist regime’s Ministry of Finance released the local governments’ bonds and debt balances for this year ...

News Analysis At the close of 2020, China’s local government debt stood at $3.97 trillion. However, this does not ...