China's parliament has formally approved changes to the budget law allowing local governments to issue bonds directly.
A downturn in China's once red-hot property market poses one of the greatest threats to the economy, the world's second biggest.
China's monthly gauges of factory activity and central bank policy decisions in Australia and Japan will be the key events in Asia this week.
The pace of activity in Chinese factories slowed in August, the release of a pair of official purchasing managers' indexes (PMI) on Monday confirmed.
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Greg Smith, Group CEO at Global Commodities, says renewed tensions in Ukraine will fuel concerns of a supply disruption and that will lift oil prices higher in the weeks ahead.
After stripping out the base effects, the underlying trend in the inflation data does not reflect a downtrend, says Euben Paracuelles, Executive Director and Southeast Asia Economist at Nomura.
Robert Chow, Spokesman, Alliance for Peace and Democracy, says Beijing has always been clear about the degree of autonomy it will give Hong Kong. He also discusses the response from the city's citizens.