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6 Feb 24
IMF calls for social housing and ‘cleanup’ of distressed developers
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5 Dec 23
Local government and state-own services creating biggest risks, says ratings agency.
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15 Sep 23
An economic slowdown in China and the impact of higher interest rates in Europe and the US will slow global growth next year, Fitch Ratings has said.
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14 Apr 23
The Chinese government has committed to resolving disputes to enable nations in debt distress to restructure their loans, a senior official has said.
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28 Mar 23
The Chinese government has lent out hundreds of billions of dollars in debt relief after nations it lent infrastructure loans to were unable to meet their repayments, a landmark report has said.
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13 Mar 23
The head of China's central bank is staying put despite predictions of a change at the top.
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7 Mar 23
China will target “around 5%” economic growth this year – a lower show of ambition than the ruling Communist Party has shown on that front in decades despite the end of lockdown restrictions.
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3 Mar 23
A senior Chinese official has defended the nation’s efforts to support debt restructuring for emerging economies amid international criticism.
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7 Feb 23
The end of Covid-19 restrictions will see the Chinese economy rebound this year, but the government still needs to focus on meeting longer-term demographic threats, the International Monetary Fund...
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6 Jan 23
US president Joe Biden has hit back at claims the world’s largest economy is set for a recession this year, saying it was instead headed towards a “new plateau” of steady (albeit lower) growth.
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25 Nov 22
The strategy that yielded early pandemic success in keeping Covid-19 cases contained is now “weighing” on China’s economy, a senior figure at the International Monetary Fund has warned.
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13 Oct 22
China needs to rebalance its economy in order to meet its emissions goals and dampen the threat of climate change, according to the World Bank.
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26 Aug 22
China’s leadership has urged its local governments to ramp up spending on projects to help boost the economy.
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23 Aug 22
Seventeen African countries will have interest-free loans forgiven by China, according to the Chinese foreign minister who also announced plans to use International Monetary Fund reserves and...
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4 Jul 22
The Chinese government is set to spend hundreds of billions of yuan to finance infrastructure projects as the economy starts to recover from Covid-19 lockdowns.
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15 Jun 22
The Chinese government has unveiled plans to develop a new framework to help balance the distribution of financial resources to local authorities.
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18 May 22
The economic slowdown caused by strict Covid-19 restrictions in China could lead to a widening of local and regional government deficits this year, according to ratings agency S&P.
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1 Apr 22
Sustaining China’s unprecedented success in ending extreme poverty will need “vigorous measures” revitalising the country’s rural areas, the World Bank has said.
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22 Mar 22
The Chinese State Council has approved plans to provide hundreds of billions of pounds in VAT relief to small businesses to help maintain economic stability.
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9 Mar 22
Chinese authorities are set to increase economic support this year to help drive growth which slowed towards the end of last year, according to ratings agency Fitch.
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7 Feb 22
China and Argentina have agreed to increase cooperation on trade and infrastructure, opening the door to $23bn of Chinese investment as part of the global Belt and Road Initiative.
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22 Dec 21
China has underspent compared to its budget this year despite the economic recovery from Covid-19 slowing down.
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1 Dec 21
The European Union hopes to mobilise €300bn of infrastructure investment around the world, rivalling China’s massive Belt and Road initiative whose momentum has slowed.
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19 Nov 21
The Chinese government is set to allocate up to $31.3bn to support the clean use of coal, the nation’s largest energy source.
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29 Sep 21
Lower and middle income countries have far more debt to China than many institutions believe, and the problem is becoming worse, a US study has found.