China's top leaders throw weight behind push to control debt
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Beijing
CHINA'S top leaders said they will effectively control leverage next year and prevent major risks, stepping up their pledges to ensure stability amid rising debt.
Authorities will aim to give more support to the real economy and promote higher-quality and more efficient development, according to the official Xinhua News Agency, citing a statement late Friday after a Communist Party Politburo meeting led by President Xi Jinping.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar