China top legislative body approved a bill on Friday to allow local governments to issue 6 trillion yuan ($838.8 billion) in ...

Local government debts have ballooned partly due to high spending and low tax revenues during the pandemic, but also due to a ...

By Meaghan Tobin and John Liu Meaghan Tobin reported from Taipei, Taiwan, and John Liu from Seoul. The Chinese government on ...

China kicked off a fresh round of fiscal support on Friday for its sputtering economy with a package that eases debt ...

If Musk is truly serious about fiscal discipline, he'll advise the president-elect to eschew many of the policies he promised ...

China has unveiled a $1.4T stimulus package over five years to ease the heavy debt burdens of local governments and support ...

The new Local Government Bill, 2024, will be a “pivotal milestone” in the life of local government in The Bahamas, Minister ...

SHENZHEN/BEIJING – Chinese officials on Nov 8 unveiled the country’s largest effort in recent years to address hidden local ...

China's top legislative body - the National People's Congress (NPC) - on November 8 approved the State Council's proposal to ...

BEIJING: China said on Friday (Nov 8) lawmakers had agreed to raise the local government debt ceiling by US$840 billion, ...

The Standing Committee of the 14th National People's Congress, China's top legislature, on Friday approved a bill to raise ...