Chinese slowdown: China struggles to spend its way out of economic crisis
Falling tax revenue and high local debt cast doubt on how much budgetary firepower Beijing really has.
Source: afr.com
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Can China spend its way out of economic crisis?
This month, China’s new finance minister Lan Fo’an told markets what they had been waiting to hear — Beijing would boost budget spending to support a...
Source: nzherald.co.nz
China struggles to spend its way out of economic crisis
This month, China’s new finance minister Lan Fo’an told markets what they had been waiting to hear — Beijing would boost budget spending to support a struggling post-pandemic...
Source: thenews.com.pk
ANALYSIS-To tackle climate change, China must overhaul its vast power grid
ANALYSIS-To tackle climate change, China must overhaul its vast power grid Reuters 4 hrs ago * China to peak carbon emissions by 2030, neutral by 2060 * Pledge could have major impact on global warming * Upgrading China's electricity grid is a major hurdle By Muyu Xu and John Geddie BEIJING/LONDON, May 19 (Reuters) - One of the most pressing challenges for China to meet its pledge to cap carbon emissions this decade and pivot toward renewables is overhauling its electricity grid, the world's largest, officials and analysts say. Beijing's surprise announcement last year that it would hit pea...
Source: msn.com