China should issue much more central government debt to make up for the inability of cash-strapped local authorities to spend money and drive growth, according to one of the country’s leading economists.
China Needs Much More Central Government Debt, Key Adviser SaysSheinbaum Poised for Landslide Win in Mexico’s Historic ElectionAsia’s Factories Sustain Momentum as Japan Halts 11-Month SlumpEllison’s Latest Paramount Offer Includes $15-a-Share SweetenerChina Manufacturing Growth at Two-Year High, Private Gauge ShowsGlobal Banks Start Targeting a New Breed of Real Estate RiskChinese Spacecraft Makes Historic Landing on Far Side of MoonAustralia’s First Green Bond Lures Funds Keen on Curve...
and EuropeCanada’s GDP per capita in Q1 likely fell for 7th straight quarter: RBCThe Daily Chase: The fight for Gildan is overForeign investment in China drops for fourth month in AprilThe Daily Chase: WestJet set to launch new fares for passengers with no carry-onZelenskiy Meets Marcos in Manila as Ukraine Seeks Asia SupportIndia’s Stock Futures Rally as Polls Predict Landslide Modi WinTurkey Poised to Reach Worst of Inflation With Peak Close to 75%Initial India Exit Polls Show Modi’s Party...
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