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Business China Plans Record Budget Deficit of 4% of GDP in 2025 to Counter Economic HeadwindsBy ayaksızAralık 17, 20240 China’s leaders have agreed to raise the budget deficit to 4% of GDP in 2025, the highest on record, while…
Business China Flags More Fiscal Stimulus for Economy, Leaves Out Key Details on SizeBy ayaksızEkim 12, 20240 China announced plans to “significantly increase” debt to revive its economy, but withheld crucial information regarding the overall size of…
Business China’s Industrial Profits Plunge in August, Deepening Economic WoesBy ayaksızEylül 27, 20240 China’s industrial profits faced their steepest decline this year, contracting sharply by 17.8% in August after a brief recovery of…