China’s demographic structure is gradually shifting towards an inverted pyramid shape as its population is greying faster, central bank adviser Cai Fang says.
China s central government should take leading role in kick-starting consumption, adviser says scmp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scmp.com Daily Mail and Mail on Sunday newspapers.
Two US House representatives introduced a bill barring executive agencies from contracting with China-based blockchain firms, which have in turn invited the legislators to examine their code.
The Chinese government has begun a campaign to prevent ‘triangular debt’ from impacting the economy at large, imploring state borrowers to make good on their obligations to private firms.