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Tag: repayment

China waives student-loan interest, defers repayment for 2024

wangxiao02/04/20240

BEIJING, Feb. 2 (Xinhua) — China has issued a circular on government-subsidized student loans, which waives this year\’s interest and allows postponed repayment terms, the Ministry of Finance said on

Growth beckons despite bumpy road ahead

wangxiao08/08/20230

CAI MENG/CHINA DAILY
The nation saw year-on-year GDP growth of 6.3 percent in the second quarter, with the figure for the first half standing at 5.5 percent compared to the same period in 2022, said t

Explainer: Why won\’t China become the next Japan?

wangxiao07/20/20230

BEIJING, July 19 (Xinhua) — There has been a lot of hype recently across some Western media outlets over whether China is entering a \”balance sheet recession,\” which — according to some — could dra

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