Revenue from land sales by China's local governments dropped 16% in 2024 compared with the previous year, finance ministry ...

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, ...

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

More than 10 provinces have set annual GDP growth targets of around 5% this year and prioritised expanding domestic demand, ...

China’s latest measures to ... have been dealing with the dangers posed by a structure on which that wave relied — the so-called local government financing vehicles (LGFVs).