How can China's 10 trillion yuan debt swap program help s...

What this episode covers

Global leaders have gathered in Peru for the Asia Pacific Economic Cooperation Forum. What are the top issues at this year's APEC meeting? What can APEC do to enhance economic cooperation to promote inclusive and sustainable growth? What’s China's role in it (00:47)? Chinese lawmakers have approved a State Council bill on raising the ceiling of local government debt to replace their existing hidden debts. How will the debt swap operate? How will the additional debt relief impact the Chinese economy (17:10)?

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How long is this episode of Biz Today?

This episode is 27 minutes long.

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This episode was published on November 15, 2024.

What is this episode about?

Global leaders have gathered in Peru for the Asia Pacific Economic Cooperation Forum. What are the top issues at this year's APEC meeting? What can APEC do to enhance economic cooperation to promote inclusive and sustainable growth? What’s China's...

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