Three years of strict pandemic controls in China and a real estate crash have drained local government coffers, leaving authorities across the country struggling with mountains of debt. The problem ...
For much of this year, global markets were buffeted time and again by gloomy economic news filtering out of China. The world's second-largest economy grappled with a raft of economic troubles in 2023 ...
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China has begun a fresh round of nationwide inspections to work out how much money local governments’ owe, according to people familiar with the matter, a sign that authorities are preparing to take ...
HONG KONG (AP) — China will ban hidden door handles on cars, commonly used on Tesla’s electric vehicles and many other EV models, starting next year. Electricity: A new concern for leading industrial ...