In China, Financial Stress Stalks Hospitals and Bankruptcies Soar
Still recovering from heavy spending during the pandemic, hospitals are squeezed by a slumping economy and government efforts ...
'Ineffective' generic drugs fuel rare public anger in China
Public anger in China over concerns raised by doctors that generic drugs used in public hospitals are increasingly ...
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China is likely to cut its benchmark policy rate next month, economists say, after PBOC keeps LPR steady
China could cut its main policy rate as soon as next month following the country's annual parliamentary meeting, economists told CNBC. The PBOC has kept its 7-day rate steady at 1.5% since a cut ...
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China said to cut pay by half for staff at top financial regulators
China is set to slash pay for staff at its top ... The NFRA, a beefed-up version of the then banking and insurance industry regulator, was established as part of the overhaul and the agency ...