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1 – 10 of 13Local governments’ fiscal positions have become increasingly untenable post-pandemic amid a property market downturn. Record numbers of local government financing vehicles (LGFVs…
Held on October 30-31, it was attended by President Xi Jinping and various top officials. The conference formulated priority tasks to address financial risks the country is facing…
Consumer demand, especially for services, underpinned by a stronger labour market, drove the upswing. Exports stabilised, but investment slowed, held back by the housing market…
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DOI: 10.1108/OXAN-DB283464
ISSN: 2633-304X
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The GDP growth target of 5% and the urban job creation target of 12 million are unchanged from last year, but harder to achieve as the post-pandemic rebound fades and large-scale…
The trip comes as her government continues to contend with tough economic challenges including low foreign exchange (forex) reserves, high inflation and a troubled banking sector…
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DOI: 10.1108/OXAN-DB288141
ISSN: 2633-304X
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Despite pressure for bold reforms to address a slowing economy and geopolitical tensions, the document largely repeated existing messaging, suggesting that conservatives won out…
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DOI: 10.1108/OXAN-DB288544
ISSN: 2633-304X
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After the government issued regulations to curb property developer borrowing in 2020, developers suffered a liquidity crisis and struggled to deliver pre-sold homes. Consumers…
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DOI: 10.1108/OXAN-DB282705
ISSN: 2633-304X
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The Chinese leadership is meeting this month to discuss economic reforms. High-level dialogue with the United States has resumed, allowing the two sides to work on surface-level…
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DOI: 10.1108/OXAN-DB283191
ISSN: 2633-304X
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Retail sales accelerated in annual terms, as consumption continues to lead economic expansion. However, investment slowed and exports fell back deeper into contraction. The…
The bailout’s second tranche cannot be released until the review is complete. Separately, the government is battling accusations that it is protecting individuals who helped…