China pivots to ‘investing in people’ strategy as growth engine switches gears
China will allocate more of its fiscal spending this year towards human capital and social safety nets, as…
China targets hi-tech industries, domestic demand in 2026 with new policy package
Chinese authorities have signalled a new wave of measures to bolster domestic demand and hi-tech industries in the…
China targets wealthy influencers with audits, fines as fiscal pressures rise
China has ramped up audits involving online influencers and high-wage earners, as part of broader efforts to expand…
China rolls out trade-in funding for 2026 as campaign to spur spending continues
China has unveiled the details of an extension to its popular consumer goods trade-in scheme, a policy which…
5 New Money Rules from November 1: Big changes to bank accounts, safety lockers, pensioners, UPS deadline and others – News
With these updates rolling out simultaneously, November promises to be a busy month for both financial institutions and…
China should step up borrowing to boost domestic demand, economist says
China’s central government should borrow more to lift domestic demand through supportive monetary and fiscal policy, a Chinese…
Pakistan’s total public debt crosses USD 286 billion mark in FY 2025
Islamabad: Pakistan’s total public debt reached USD 286.832 billion (PKR 80.6 trillion ) as of June 2025, which…
China’s Hunan puts non-tax revenue in crosshairs, cracking down on sketchy fines
Hunan has become the latest Chinese province to tighten controls on non-tax revenue growth through a revision of…
Pakistan ‘unprecedentedly’ retires Rs2,600bn domestic debt ahead of schedule – Business & Finance
In an unprecedented and historic achievement for fiscal responsibility, the Ministry of Finance (MoF), Government of Pakistan (GoP),…
Why China’s childcare subsidies may benefit poorer regions – and how they stack up in Asia
In a major effort to tackle its deepening demographic crisis, China has launched a nationwide childcare subsidy scheme…
Why did Chinese economist slam Ray Dalio on debt situations in US, China?
A prominent Chinese economist has pushed back against Bridgewater Associates founder Ray Dalio’s views on the debt situations…
Pakistan Vicious Debt Cycle Exposed In New Data | Asia
Pictured: Pakistan PM Shehbaz Sharif (Image: AP/File). Pakistan secured a record 26.7 billion in foreign loans in FY2024,…