Economy China’s GDP forecasts cut by some banks to below 5% target, Beijing facing… “To counteract weak domestic demand, we believe more policy easing is necessary through the remainder of this…
Economy Explained: China’s Third Plenum, key policy meeting held amid concerns… China’s policymakers met in Beijing on Monday (July 15) for the Third Plenum, described by state media as an…
Economy China’s local government debt woes hurting private firms, creating… A two-decade pursuit of vanity projects has left many local authorities in China in a deep morass of debt, with…
Travel & Tourism China’s local government debt crisis adds chill to success of Harbin’s ‘ice… The region has struggled with declining industrial profitability and a net population outflow, while its…
Travel & Tourism Tourism booms for China’s ice sculpture city Harbin in post-Covid revival The 25-year-old’s sympathies were not with the disappointed visitors. “Their demand wasn’t very reasonable, but…