China considers aid to local governments to settle unpaid bills - report ...Middle East

One of the sources said that talks touched upon looking to cover at least ¥1 trillion ($140 billion) of debt owed to private companies in the first phase. The end goal is to complete the task by 2027 but makes no mention of the overall amount of funding assistance that will be offered after the initial layout.

The issue with these unpaid bills is that it creates further animosity and distrust at the social level in China. Delayed payments to companies by the government won't go down well in the private sector and would just create further levels of dissatisfaction, threatening president Xi Jinping's larger goal of 'common prosperity'.

This article was written by Justin Low at investinglive.com.

Hence then, the article about china considers aid to local governments to settle unpaid bills report was published today ( Thursday 11/09/2025 - 09:52 AM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( China considers aid to local governments to settle unpaid bills - report )

Also on site :

• 12-year old Russian beats world chess champion
• Body recovered from Lake Natoma amid search for missing man
• Passengers stuck on Delta flight for more than two hours after landing at Rochester airport