China has ample fiscal space to bolster growth this year
BEIJING (Reuters) - China has ample fiscal policy space and tools to support economic growth this year and it will step up spending to spur investment, Vice Finance Minister Liao Min said…
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local governments
China Allows Local Governments to Use Bonds to Buy Unsold Homes
(Bloomberg) -- China will allow local governments to issue bonds to buy unsold homes to support the ailing property sector, as it pushes to put a floor under an economic slowdown. Most…
Analysis-As it reins in wasteful investment, China frets over growth
By Ellen Zhang and Marius Zaharia BEIJING/HONG KONG (Reuters) - China's local governments have fallen behind on their debt issuance plans as scrutiny mounts over potentially wasteful…
‘I felt like a celebrity’: Personalized ads hit China metro stations as operators scramble for cash
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Xiaotu was looking for a soulmate…