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

The country’s top legislative body gave its green light for local governments to swap some of their mounting ...

China kicked off a fresh round of fiscal support on Friday for its sputtering economy with a package that eases debt ...

BEIJING (AP) — China on Friday approved a 6 trillion yuan ($839 billion) plan to help local governments refinance their ...

Friday's announcement is the latest in a string of stimulus measures China has taken to turn around its ailing economy.

China on Friday announced a five-year package totaling 10 trillion yuan ($1.4 trillion) to tackle local government debt ...

If Musk is truly serious about fiscal discipline, he'll advise the president-elect to eschew many of the policies he promised ...

Four years after 2020, the country is still reckoning with the effects of the COVID-19 pandemic and the presidential election ...

BEIJING: China said on Friday (Nov 8) lawmakers had agreed to raise the local government debt ceiling by US$840 billion, ...

Political polarization is having a substantially negative impact on the nation, according to 87% of local government leaders ...

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 ...