An icon in the shape of a lightning bolt. Impact Link China announced a debt rescue program to the tune of $1.4 trillion to save heavily indebted local governments and boost its economy.

Some local-level authorities across China appear to be stepping up crackdowns on tax evasion among internet streamers, as flagging tax revenue has weighed heavy on local economies, and analysts ...

China’s plans to issue special government bonds to help local governments get their debts under control as it pushes them to pay their overdue bills gave Edward Zeng, the founder of a tech start ...

China has announced a local government debt rescue program days after Trump won the US election. Trump has threatened tariffs of 60% on Chinese goods, complicating China's economic gloom.

China’s Ministry of Finance has announced a five-year, 12 trillion yuan ($1.7 trillion) plan to address local government debt pressures through structured debt swaps, special-purpose bonds ...

Researchers analyzed lunar soil brought back by China's Chang'e-6 ... know there were active volcanoes on the near side, the part of the moon seen from Earth, dating back to a similar time ...

China approved the local government debt swap plan on November 8 as it concluded its five-day meeting of the Standing Committee of the National People's Congress (NPC). China held a briefing on a plan ...

Arizona Department of Revenue’s Unclaimed Property program is currently holding more than $2.4 billion in missing money.

SINGAPORE/SHANGHAI, Nov 8 (Reuters) - China top legislative body approved a bill on Friday to allow local governments to issue 6 trillion yuan ($838.8 billion) in bonds to swap for off-balance ...

China is struggling to tackle the side-effects ... in interest for local governments over five years. LGFVs' debt pile - including loans, bonds and shadow credits - are seen as a growing source ...