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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.

China’s choice

China will almost certainly tighten its grip over the protectorate of Hong Kong with Sunday’s election of John Lee, a staunch supporter of the government in Beijing, as the chief executive, indeed the key office in the island territory.