COVID-19 in china

Several Beijing districts shut schools as China COVID cases rise

November 20, 2022 · Business

Students in schools across several Beijing districts buckled down for online classes on Monday after officials called for residents in some of its hardest-hit areas to stay home,…

A $1 trillion headache: China’s local fiscal shortfall poses broader growth risks

October 16, 2022 · Business

By any account, $1 trillion seems huge. That’s the scale of budget shortfalls facing Chinese provinces, reducing their fiscal firepower to fund infrastructure spending and tax cuts, and…