News Analysis With the deterioration of China’s economy, some local governments simply refuse to pay back all the money they borrowed in the past, because the banks can’t do anything about it anyway. Moreover, some local governments have resorted to a Panelists Discuss the Causes and Consequences of China’s Local Governments Reneging on Debts
News Analysis With the deterioration of China’s economy, some local governments simply refuse to pay back all the money they borrowed in the past, because the banks can’t do anything about it anyway. Moreover, some local governments have resorted to a 
Since the beginning of this year, at least nine faculty and staff members at Chinese universities under the age of 65 have passed away, including some who died suddenly despite appearing healthy, according to obituary notices posted online. Hu Biliang,
Japan’s 2024 Diplomatic Bluebook, recently released by the Japanese Foreign Ministry, emphasizes the ministry’s concerns over the increasing military threats from China, while re-introducing the “mutually beneficial” relations with China. International affairs