Why ‘catastrophic’ medical bills are hurting China’s economy

China Needs $3 Trillion Local Debt Solution, Top Economist Says

China needs to vastly step up its efforts to cleanse the balance sheets of the nation’s local governments, giving them the space needed to support consumer spending and strengthen the economy, one of the nation’s most prominent economists said.

Why ‘catastrophic’ medical bills are hurting China’s economy

Worries about the cost of treatment discourage consumption despite improvements in healthcare insurance coverage

China needs 20 trillion yuan local debt solution: top economist

CHINA needs to vastly step up its efforts to cleanse the balance sheets of the nation’s local governments, giving them the space needed to support consumer spending and strengthen the economy, one of the nation’s most prominent economists said.