The government announced a budget as a national election looms. Here’s what you need to know.
Category: Politics and Government
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How China Came to Dominate the World in Solar Energy
Beijing is set to further increase its manufacturing and installation of solar panels as it seeks to master global markets and wean itself from imports.
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I.M.F. Agrees to Much Larger Rescue Package for Egypt
The International Monetary Fund will provide $8 billion to Egypt, which is going through its worst economic crisis in decades.
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Alabama IVF Protection Bill Will Reopen Clinics but Curb Patient Rights
Here’s what to know about the legislation, which the state legislature is expected to approve overwhelmingly on Wednesday.
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China Shuts Down a News Conference, Shutting a Tiny Window for Its People
Once a year, the premier held a news conference, explaining the economy and giving Chinese a taste of political participation. That has come to an end.
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Cyberattack Wreaks Havoc on Health Care Billing
The hack shut down the nation’s biggest health care payment system, causing financial chaos affecting a broad spectrum ranging from large hospitals to single-doctor practices.
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China’s New Economic Agenda, a Lot Like the Old One: Takeaways
At the National People’s Congress on Tuesday, China’s leaders set an ambitious goal for growth, exactly the same one as last year.
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China Sets Economic Growth Target of About 5%
Premier Li Qiang targets economic growth of about 5 percent this year as China signals readiness to borrow more for spending programs.
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Trump’s Tax Cut Fueled Investment but Did Not Pay for Itself, Study Finds
The most detailed research yet on corporate response to the 2017 Republican tax law shows modest gains for workers and high cost to the federal debt.
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Divisions Among Finance Ministers Flare Over Seizing Russian Assets
France’s finance minister, Bruno LeMaire, said there was no legal rationale for giving the Russian central bank funds to Ukraine.
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China Expands Scope of ‘State Secrets’ Law in Security Push
The legal change, which could further limit access to information, is part of an increasingly hostile environment facing foreign businesses in the country.