Hong Kong is bracing for protests after Beijing slammed the door on electoral reforms on Sunday, fanning fears of potential economic fallout.
Economists expecting a pickup in Western demand to drive Asia's growth recovery have been disappointed thus far.
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.
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