China Plans Record Budget Deficit of 4% of GDP in 2025 to Counter Economic Headwinds
China’s leaders have agreed to raise the budget deficit to 4% of GDP in 2025, the highest on record, while maintaining an economic growth target of...
China’s leaders have agreed to raise the budget deficit to 4% of GDP in 2025, the highest on record, while maintaining an economic growth target of...
Zhongzhi Enterprise Group, once a major player in China’s shadow banking sector, collapsed in 2023, with aggressive and potentially illegal practices contributing to its downfall. The...