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This photo taken on March 24, 2024 shows the opening ceremony of the China Development Forum 2024 in Beijing, capital of China.BEIJING, March 24 (Xinhua) The China Development Forum 2024 is scheduled for March 24 and March 25.

China doubles down on tried, tested infrastructure spending, but is it still the right fit in a debt crisis?

China’s central financial work conference vowed to set up a long-term mechanism to resolve debt risks on Tuesday after Beijing’s fiscal revision and treasury bond approval last week, as analysts say the recent moves do not address the source of the problems.

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