LocalGovernments

China's Fiscal Strategy: Holding Back Spending Amid Trade War Tensions

2 months ago

In a strategic maneuver poised to influence the global economic landscape, China is deliberately conserving its fiscal power in anticipation of continued trade tensions. This decision comes despite a noticeable lag in local government spending, which has raised concerns about the pace of economic recovery and growth within the country.

China's New Policy: Cities Granted Autonomy to Purchase Unsold Homes

3 months ago

In a significant move aimed at stimulating the ailing real estate market, the Chinese government has decided to empower cities with the authority to purchase unsold residential properties. This decision seeks to alleviate the unprecedented oversupply of housing that has plagued the market in recent years, creating a glimmer of stability for an industry marked by financial struggles.

China’s New Strategy: Empowering Local Officials with Bond Flexibility to Ignite Economic Growth

5 months ago

In a strategic maneuver to rejuvenate its economy, China is implementing a policy that will grant local government officials greater leeway in issuing bonds. This initiative comes in response to emerging economic challenges and aims to foster growth by allowing localities to access additional funding for critical projects.

Concerns Rise Over Colombia's Ambitious Decentralization Economic Plan

7 months ago

In a bid to foster regional development and empower local governments, Colombia's new strategy for decentralizing its economy has raised alarms amongst financial experts and analysts. The plan, which aims to shift significant authority and resources away from the central government, risks leading to a potentially unsustainable increase in national debt.

China's Bold Stimulus Package: A Lifeline for its Struggling Economy and Property Markets?

7 months ago

China is initiating an ambitious economic stimulus package aimed at revitalizing its faltering economy and bringing stability to the beleaguered property markets. As the country grapples with a myriad of economic challenges, analysts and investors are scrutinizing this stimulus package for any promise of recovery.