Latest in Why China is betting on local governments to spur the economy
Sort by
2,942 items
-
Why China is betting on local governments to spur the economy
Fiscal package falls short of market hopes as Beijing braces for Trump tariffsWorld - Financial Times - 2 days ago -
China approves $840B plan to refinance local government debt, boost slowing economy
China has announced a 6 trillion yuan ($839 billion) plan to help local governments refinance their mountains of debt in the latest push to rev up growth in the world's second largest economyWorld - ABC News - 6 days ago -
China Reveals $1.4 Trillion Plan to Bail Out Local Governments
The support package came after smaller measures were announced to jump-start growth. Economists said it was not big enough to address China’s sluggish economy.Business - The New York Times - 5 days ago -
China Moves to Ease Debt Concerns---but Again Holds Off on Stimulus Measures
Investors’ hopes for large-scale support for the economy were dashed after an anticipatory stock-market surge in recent weeks.World - The Wall Street Journal - 6 days ago -
China unveils 10tn yuan support for debt-stricken local government
Cash stops short of hoped-for ‘bazooka option’, with critics calling it ‘an accounting exercise’ that will not bolster growth. China has announced 10tn yuan in debt support for local governments ...World - The Guardian - 6 days ago -
China announces $1.4 trillion package over five years to tackle local governments' 'hidden' debt
Authorities in Beijing have ramped up stimulus announcements since late September in an effort to bolster its flagging economy.Business - CNBC - 6 days ago -
China’s Lackluster Growth Continues, Signaling Why Beijing Acted on Economy
New data shows the challenges facing Chinese policymakers trying to stimulate an economy marked by falling prices, weak consumer spending and a housing market crash.Business - The New York Times - October 18 -
It’s localization, not globalization, for the health of the US economy
The U.S. is undergoing a transformative shift away from globalization and toward localization, with initiatives such as the Inflation Reduction Act and the CHIPS and Science Act prioritizing ...Politics - The Hill - October 17 -
China reports its economy grew at a 4.6% annual rate in the July-September quarter, below the government'S 5% target
China reports its economy grew at a 4.6% annual rate in the July-September quarter, below the government'S 5% targetWorld - ABC News - October 17 -
China reports 4.6% growth in third quarter as government tries to boost struggling economy
China’s National Bureau of Statistics on Friday reported third-quarter GDP growth of 4.6% year on year, slightly beating expectations.Top stories - NBC News - October 18 -
Local government has become a chokehold for Chinese business
Beijing is promising change, but it comes at an unsettling priceWorld - Financial Times - October 28 -
The Canary Islands: why locals are protesting against tourists
Thousands of residents took to the streets this weekend to campaign against overtourism. And they aren’t the only ones bemoaning an influx of holidaymakers. Name: Canary Islands.. Age: ...World - The Guardian - October 21 -
Study finds local governments are less polarized despite national political divisions
Local governments are uniquely able to combat growing national polarization, according to a new study out Wednesday from the nonprofit research organization CivicPulse and Carnegie Corporation of ...Politics - NBC News - October 23 -
German Government at Risk of Collapse After Rift on Economy
A breakup of the divided and unpopular coalition well before elections set for next September could leave the country directionless at a critical time for Europe.World - The New York Times - November 2 -
China's Massive Fishing Fleet Overwhelms Locals in 'David and Goliath' Battle
Off the Peruvian coast, one of the world’s richest fishing grounds is under pressure.World - The Wall Street Journal - October 26 -
Why state governments are tightening their budgets
State governments in the U.S. must tighten budgets or take on more debt to manage declining revenues, long-standing liabilities and emerging risks.Business - CNBC - November 6 -
Why Texas Democrats see this local race as key to turning state blue
Democratic Party activists have been on a mission to flip all of the state’s urban counties — once Republican bulwarks — as they look to chip away at the GOP’s decades-long hold on the state. ...Politics - The Hill - October 16 -
China’s economy grows 4.6% in third quarter
Lowest figure in year and a half comes as Beijing steps up stimulus effortsBusiness - Financial Times - October 18 -
China loses third of its billionaires as economy falters
ByteDance chief Zhang Yiming leads country’s ‘rich list’ with $49bn fortuneWorld - Financial Times - October 29 -
China unveils $1.4tn package to shore up economy
Beijing is bracing for increased trade tensions with US under Donald TrumpWorld - Financial Times - 6 days ago -
Voters: Beware the government’s China problem at home and abroad
If the public turns a blind eye to the Chinese government’s actions within our borders and to the broader implications of foreign policy on domestic security, who will pay attention?Politics - The Hill - October 26 -
Why It’s Getting Harder to Fly to China
European carriers are enduring higher costs because they have to avoid Russian airspace, while a sluggish economy and geopolitical tensions are hurting business travel to China.Business - The New York Times - October 25 -
Kashmir gets a largely powerless government 5 years after India stripped its special status
Leaders of Kashmir’s biggest political party have been sworn into office to run a largely powerless local government for the first time after India stripped the region of its special status five ...World - ABC News - October 16 -
-
Germany's economy is in trouble. The government's collapse and Trump's return bring more risk
The collapse of Germany’s governing coalition and President-elect Donald Trump’s imminent return to the White House are creating new risks for the European Union's biggest economyWorld - ABC News - 6 days ago -
The economy avoided recession. And then it sped up. Here’s why.
The U.S. recession that was supposed to happen now appears to have become the economic expansion that just won’t end.Business - MarketWatch - October 24 -
Trump's win could lead companies to push up prices. Here's why.
President-elect Donald Trump's vow to raise tariffs could have Americans paying more for goods, from toys to auto parts, experts say.Top stories - CBS News - November 6 -
China's president will unveil a megaport in Peru, but locals say they're being left out
A remote fishing town on the edge of Peru’s coastal desert is the site for a $1.3 billion megaport majority-owned by the Chinese shipping giant CoscoWorld - ABC News - 1 hour ago -
Chinese Growth Comes in Cooler as Investors Pin Hopes on Stimulus
Wobbly data for the third quarter underscores challenges for Beijing policymakers seeking to boost economic activity.World - The Wall Street Journal - October 18 -
The U.S. economy’s biggest threat? China’s clean-energy push.
As China ramps up its renewable-energy production, the U.S. risks becoming dependent on outdated energy sources.Business - MarketWatch - October 19 -
Tariffs, tech and Taiwan: how China hopes to Trump-proof its economy
With $500bn worth of trade in the crosshairs of Donald Trump’s tariffs, Xi Jinping is preparing for four more years of unpredictability. China is bracing itself for four years of volatile relations ...World - The Guardian - 6 days ago -
Britain's Labour Party Bets on Big Taxes, Borrowing to Boost Economy
The U.K.’s new government presented its plan to jolt the country out of years of moribund growth: more taxes and a bigger state.World - The Wall Street Journal - October 30 -
Trump victory bets and strong US economy power dollar gains
Greenback enjoys strongest month in two years ahead of presidential electionBusiness - Financial Times - November 2 -
Head of Myanmar's military government visits close ally China for the first time since taking power
Myanmar's state media says the head of Myanmar’s military government embarked upon an official visit this week to China, the embattled Southeast Asian nation’s most important international allyWorld - ABC News - November 5 -
Italy opens procedure against China's Sinochem for possible breach of Pirelli governance
Italy has opened up an administrative procedure against China’s Sinochem, the largest shareholder in Italian tiremaker Pirelli, over possible violations of restrictions placed by Rome to protect ...World - ABC News - November 7 -
As sports betting addiction takes hold in Brazil, the government moves to crack down
The story of “King,” who doesn't disclose his real name, is similar to that of many vulnerable Brazilians in recent yearsWorld - ABC News - 6 days ago -
As sports betting addiction takes hold in Brazil, the government moves to crack down
The story of “King,” who doesn't disclose his real name, is similar to that of many vulnerable Brazilians in recent yearsHealth - ABC News - 5 days ago
