On a broader metric of fiscal health that estimates the difference between revenues and total spending across all levels of government, the country’s fiscal deficit has been widening for two decades. Goldman Sachs analysts have estimated that China’s broad annual fiscal deficit will reach about 12 per cent of GDP by end-2025.

China’s second-highest ranking general and eight other senior officials have been expelled from the ruling Communist Party and the military on suspicion of serious misconduct linked to corruption, defence officials said. He Weidong, who was the vice ...

China will press ahead with building a unified market to unleash domestic consumption as countries around Asia face a “pivotal juncture” in the transformation of the global economy, a top economic official said.

China's Defense Ministry says the military's top general is under investigation for serious violations of discipline and law.

Local officials of the municipality of Kalayaan have been declared persona non grata by China and have been banned from entering China, including Hong Kong and Macau. This developed after the town declared Chinese Ambassador Jing Quan persona non grata and banned the diplomat from setting foot in the Kalayaan islands.

The communist government of China announced Saturday it is investigating its highest-ranking general, alleging unspecified “serious” disciplinary violations, marking the latest development in President Xi Jinping’s military purge. Zhang Youxia, 75 ...

The Trump administration has accused Hokkons Baules of Palau and Anderson Jibas of the Marshall Islands of corruption.

SHENZHEN, China, Jan 31 (Reuters) - China's factory activity faltered in January as weak domestic demand dragged down production at the start of the new year, an official survey showed on Saturday. The official purchasing managers' index (PMI) dropped to 49.