This live blog has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Get faster notifications on the latest updates by downloading our app. Chinese Vice-Premier Ding Xuexiang delivered a speech at the World Economic Forum in Davos, Switzerland on Tuesday, making him the first senior … Read more
China has vowed to double down on efforts to regulate law enforcement actions against private enterprises to help revive the weak economy. Chinese vice-minister of justice Hu Weilie said on Tuesday that Beijing’s demand that local governments refrain from arbitrarily fining private companies was “one of the important measures” in a stimulus package aimed at … Read more
After a few years of belt-tightening, millions of Chinese civil servants are expected to bring home a much-delayed pay rise ahead of Lunar New Year later this month. Several civil servants and workers at public institutions in China said they had received notification from their finance or human resources departments about an increase in their … Read more
China has – after some delay – scheduled the much-anticipated third plenum of its Communist Party’s Central Committee for Monday, with the four-day meeting expected to shape the country’s economic strategy for the next five to 10 years. Previous third plenums unveiled landmark changes. At the plenum of 1978, the policy of reform and opening … Read more
As much as the Biden administration would like to start them back up again, federal stimulus checks dried up months ago on account of a lack of congressional support. Floridians, meanwhile, are in the process of getting surprise $450 checks in the mail, thanks to a budget signed by Florida Gov. Ron DeSantis that included … Read more
Last year’s nationwide wave of stimulus payments may have ended, but that doesn’t mean such cash infusions still aren’t going out to taxpayers in certain parts of the US. In fact, middle-class tax refunds totaling some $9.5 billion are set to go out in one state starting tomorrow, on October 7 — and we’ve got … Read more
Inflation might have soared to a 40-year high, and a panicky Federal Reserve may be set to keep jacking up interest rates — but the federal government still seems to have every intention of sending out more stimulus checks to “millions” of Americans. That’s according to US Government Accountability Office, which has just put out … Read more
