The Chinese government has rebuffed bold consumption stimulus policy. But boosting domestic household spending is precisely ...
On October 24, 2023, a U.S. Air Force B-52 bomber was flying a nighttime mission in international airspace over the South China Sea when it was intercepted by a Chinese fighter jet. In a series of ...
Opinion
The world is heading toward a financial crisis – the state of US politics has left us ill-prepared
Trump’s second term has revealed that Washington’s policy response to such a crisis will be misguided and full of chaos ...
Government subsidies to industry have reached their highest level since the global financial crisis, driven largely by China, a report from the Organisation for Economic Cooperation and Development ...
China's bank consolidation faces challenges from falling profits and shrinking capital buffers Small banks struggle with bad debts and liquidity crisis in property sector Moral hazard emerges as weak ...
In recent years, several high-ranking officials have been sentenced to death for financial excesses in the Chinese banking sector. A banker named Bai Tianhui was executed in China on Tuesday for ...
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