Economic interests can motivate local governments in China to pursue policies that result in excessive growth and can lead to unintended foreign policy consequences.

China's Central Economic Work Conference in December 2024, which heralded the general direction of its economic work for the coming year, said active efforts should be made develop debut economy, ...

Due to the significant disparity in living standards across different regions in China, local governments set their own minimum wages. The minimum wage in Shanghai, China's 'financial hub,' is ...

China’s property crisis is expected to worsen ... to construction companies and furniture suppliers. Now, Chinese local governments are following suit.

China’s governance relies on local administrations to fund services and manage infrastructure. These regional bodies have ...

Local governments in China have been raising minimum wages, viewing a boost to the spending power of the country’s middle- and low-income groups as a top priority in efforts to stimulate ...

BEIJING: China’s central government is urging local authorities to offer handouts to people struggling with the cost of living, Xinhua news agency reports, citing a notice from the Civil Affairs ...

In recent years, Chinese property developers have used unsold apartments to settle debts to construction companies and ...