Local govts start releasing audit results2014-01-25
China has increased the transparency of its massive local government debt by allowing local governments to release independent reports on their liabilities.
Officials face rating on loans2013-12-13
The ruling party's move to make local government debt a major criterion in the evaluation of government officials demonstrates the central government's deep worry over ballooning local debt and represents its latest efforts to put a lid on excessive borrowing.
Regions continue to rely on capital investment for GDP2013-11-15
Local governments in China are still relying on increasing investment during the current half to meet their 2013 GDP growth targets, despite the central government's call for a change in direction from investment to innovation and consumption.
Stronger push for 'green' cars2014-02-17
As the Spring Festival drew to an end, some 1.84 million Beijing residents had already applied to license new gasoline vehicles in 2014, more than 10 times the allotment for the entire year.