Circulating reports suggesting local governments in China recently sold over $1 billion in Bitcoin might be misrepresenting facts. Recent rumors across crypto media have stirred fears that Chinese ...

Local government bonds make up 28% of China’s bond market but account for less than 1% of foreign holdings due to liquidity ...

The country poured billions into AI infrastructure, but the data center gold rush is unraveling as speculative investments ...

A local government official provided an example ... Perhaps the only real solution to China’s corruption problem is introducing oversight from society as a whole. However, such a reform would ...

Global ratings agency Fitch on Thursday downgraded China's sovereign credit rating, citing rapidly rising government debt and risks to public finances, as policymakers gear up to shield the economy ...

At the national Two Sessions meetings on 5-11 March, China announced plans to stimulate the economy, end local protectionism, and develop the AI sector. The government kept the same 5 per cent GDP ...

China has started bond issuance for the replacement of 2 trillion yuan ($278.79 billion) of local government debt this year, said Lou Qinjian, spokesman for the third session of the 14th National ...

To rescue china’s lacklustre economy, the ruling Communist Party is trying to revive the animal spirits of entrepreneurs and rehabilitate the profit motive. Xi Jinping, China’s leader, has ...