China’s government racked up a record budget deficit last year as spending on social welfare grew at the fastest since 2017, ...
The new campaign is the latest bid by China to boost flagging domestic consumption. Read more at straitstimes.com. Read more at straitstimes.com.
Barely a day goes by without calls from economists and policymakers around the world for China to increase its consumer spending. Consumer spending as a percentage of GDP is less than 50%, far below ...
China’s military buildup has been a critical driver of defense budget increases elsewhere in the region. Credit: Xinhua/Wang Peng/Alamy Stock Photo The seemingly inevitable point at which China’s ...
Taiwan plans new defence spending China has stepped up military pressure on Taiwan United States urged greater defence spending by Taiwan TAIPEI, Nov 26 (Reuters) - Taiwan will introduce a $40-billion ...