Young adults in Generation Z are doubling down on saving, which is undermining government moves to reinvigorate the economy

China's central bank has ramped up consolidation of small banks because of their weaker funding status and higher exposure to risk, in a bid to stabilize the financial system

The group may face a "make or break" moment, analysts said, depending on whether the government decides to bail it out or let it default on debt.

China's central bank is expected to cut rates and deploy its biggest stimulus in years to bolster its economy and soften the blow from higher US tariffs

The restructure would give creditors many options such as converting debt into cash and extending maturity. It comes ahead of a liquidation hearing on January 20.

Truong My Lan lost her appeal against the death sentence for a $12bn bank fraud, but she could save her life if she returns most of the embezzled assets

Hundreds of investors urge officials for an update on the liquidation of the debt-laden developer, but avoid staging a public protest

Sources say the country's biggest developer has given a revised debt-restructuring plan to some foreign creditors; it had total debt of close to $190 billion last year

Beijing will let local governments allocate 10 trillion yuan ($1.4 trillion) to reduce off-balance sheet debts, officials said on Friday after a week-long parliamentary meeting

With total government, corporate and household debt estimated at three times of its economy, China has limited scope to manage big US tariff hikes

Some 60% of $1.4 trillion package will help lower local governments' hidden debt, while 40% will fund buybacks from cash-strapped developers

Beijing may approve the issuance of debt totaling $1.4 trillion next week to bail out local governments, but the amount could be raised if Trump wins the US election