MACAO, Nov. 14 (Xinhua) — Ho Iat Seng, chief executive of China\’s Macao Special Administrative Region (SAR), on Tuesday delivered a policy address for fiscal year 2024, stressing further economic rec
Tag: fiscal
Starbucks records robust Q4 revenue growth in Chinese mainland with 326 new stores
SHANGHAI, Nov. 3 (Xinhua) — U.S. coffee giant Starbucks announced Friday that the company has opened 326 new stores in the Chinese mainland during its fourth fiscal quarter from July 3 to Oct. 1, wit
Government shutdown risks in US political polarization
Cartoon by Ma Hongliang
The federal fiscal year 2023 for the US government ended on Sept. 30. Before that, the Republican Party and the Democratic Party had been caught in endless disputes over the fe
U.S. budget deficit doubles in FY 2023 amid surging interest rates
Photo taken on Oct. 9, 2023 shows the White House in Washington, D.C., the United States. (Xinhua/Liu Jie)
Outlays for the largest mandatory spending programs, including Social Security, Medicare and
Fitch cuts U.S. credit rating
NEW YORK, Aug. 1 (Xinhua) — Credit ratings agency Fitch on Tuesday downgraded the U.S. government\’s credit rating over concerns about \”growing debt burden\” and \”an erosion of governance.\”
Fitch, one
Govt aims to bolster private firms\’ confidence
A worker processes circuit boards at a smart workshop of a private enterprise in Zhangzhou, Southeast China\’s Fujian province, June 19, 2023. [Photo/Xinhua]
Series of meetings held to signal unwaverin
Experts\’ take on US debt crisis
Shi Yu/China Daily
Editor\’s note: US stocks fell on Wednesday as investors were worried that the US federal government would default on payments, but the US House of Representatives voted to suspend t
U.S. House nods bipartisan debt ceiling deal
NEW YORK, May 31 (Xinhua) — The U.S. House of Representatives Wednesday passed an act that suspends application of federal government debt ceiling until Jan. 1, 2025.
Lawmakers voted to pass the bill
Dismantling of U.S. continues: Sydney Morning Herald
SYDNEY, May 31 (Xinhua) — The dismantling of the United States as a normal, functional nation-state continues, the Sydney Morning Herald reported on Tuesday.
The gun neuralgia in the United States co
Key CPC meeting stresses real economy as focus of modern industrial system
Lujiazui area in Shanghai Photo:Xinhua
A key meeting held Friday by the top decision-making body for China\’s financial affairs has called for speeding up the construction of the country\’s modern indus