Wednesday, April 14, 2021
Tags Chinese budget

Tag: Chinese budget

Beijing Unveils 12 Trillion Yuan Budget for 2021

China's Ministry of Finance (MOF) officially released the central government fiscal budget for 2021 on 26 March, outlining expenditures of nearly 12...

89% of 2019 Central Budget Investment Allocated, Expected to Drive Trillions of Yuan in Social Investment

The Chinese central government says it has already allocated nearly 90% of investment outlined under its budget for 2019, which will in...

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Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor

The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...

Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...

Chinese CPI Bounces Back into Positive Territory in March

China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...

Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...