via THE WEEK: China’s spiralling debt, a major concern for the slowing down of its economy, has risen to USD 2.58 trillion, a media report said Sunday. The country’s top legislative body has decided that the upper limit for local government debt this year should be 21 trillion yuan. China’s …
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via Global News: China faces bigger economic challenges than its trade war with the U.S. Even before tit-for-tat tariffs, growth in the world’s No. 2 economy was already forecast to cool from 6.8 per cent last year to a still-robust 6.5 per cent this year. Communist leaders who are trying to …
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via China Daily : BEIJING — The National Bureau of Statistics released a series of data Tuesday on China’s economic and social development since the 18th National Congress of the Communist Party of China (CPC) held in 2012. The data came ahead of the 19th CPC National Congress, which is scheduled …
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