Analysts believe the debt swap program will unclog capital flow to the real economy and help sustain the momentum of the economic recovery. With the debt-relief package, the total hidden debts that local governments need to address by the end of 2028 will be cut from 14.3 trillion yuan to 2...
doi:10.1007/978-3-642-17776-7_5Lidia MesjaszSpringer Berlin HeidelbergEconomic Growth and Poverty Reduction in Low-income Countries. Lidia Mesjasz,Debt Relief. . 2011Debt Relief, Economic Growth and Poverty Reduction in Low-income Countries. Lidia Mesjasz. . 2011...
bringing challenges to the efforts of bolstering the economy. With the debt-relief package, a well-timed financial adjustment to ease local governments' financing strains, the country is better positioned to pursue the broader agenda of fostering economic stability...
China is providing them debt to break the shackles of debt trap, which has been imposed on them by global financial institutes. In this way we infer that China is implementing “debt relief diplomacy” to create a community of shared future and ...
The IMF has warned that the global economy is in danger of "getting stuck on a low-growth high-debt path," urging policymakers to act on debt and carry out pro-growth reforms. Placing China in a global context is helpful. According to McKinsey's ConsumerWise survey of consumers, Chinese ...
China's property market saw 1.8 billion square meters of commercial residential housing sold in 2021, but the figure fell to 1.12 billion square meters in 2023, according to the NBS data. According to Nobel laureate economist Michael Spence, China has reached the stage of development where domest...
Robust and effective global cooperation initiatives are urgently needed to avoid debt crises and provide adequate financing to developing countries. Low-income countries and middle-income countries with vulnerable fiscal situations need debt relief and debt restructuring to avoid a protracted cycle of weak...
The IMF has warned that the global economy is in danger of "getting stuck on a low-growth high-debt path," urging policymakers to act on debt and carry out pro-growth reforms. Placing China in a global context is helpful. According to McKinsey's ConsumerWise survey of consumers, Chinese ...
Robust and effective global cooperation initiatives are urgently needed to avoid debt crises and provide adequate financing to developing countries. Low-income countries and middle-income countries with vulnerable fiscal situations need debt relief and debt restructuring to avoid a protracted cycle of weak...
International Monetary Fund, United Nations specialized agency, founded at the Bretton Woods Conference in 1944 to secure international monetary cooperation, to stabilize currency exchange rates, and to expand international liquidity (access to hard curr