Logo

Logo

China

Bold Gamble

China’s decision to issue a record $411 billion in special treasury bonds in 2025 marks a significant shift in its fiscal strategy, underscoring the urgency of addressing a challenging economic landscape.

Connectivity the key

From 2012, though, when the relationship was elevated to a strategic partnership, policymakers on both sides have been incrementally upping the stakes, all the while keeping a wary eye on China.