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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 Risky Practices Led to Zhongzhi’s Shadow Bank CollapseBy ayaksızEylül 11, 20240 Zhongzhi Enterprise Group, once a major player in China’s shadow banking sector, collapsed in 2023, with aggressive and potentially illegal…
