China’s debt problem has grown to levels far beyond that of the United States, creating risks for its economy and the world. With debt totaling more than 300% of U.S. levels, analysts are concerned ...
As local officials scour every corner for cash, businesses are taking the hit – in unpaid contracts.
(Adds dropped word 'economy' in second bullet point) By Joe Cash BEIJING, Dec 10 (Reuters) - The International Monetary Fund ...
China was the leading financier for developing nations throughout the 2010s, channeling over $1 trillion into infrastructure projects under President Xi Jinping's Belt and Road Initiative (BRI). Yet ...
A prominent Chinese economist is warning that the country's long reliance on debt-fueled growth is reaching a breaking point, arguing that short term fixes are now colliding with deep structural ...
China is managing its government debt burden through refinancing and swaps that buy time but fail to address structural flaws, risking a prolonged balance sheet recession. Sequenced reforms should ...
Paula Bronstein / Getty Images China has dramatically curtailed its lending in recent years. Now, it’s emerging as the largest debt collector for many of the world’s poorest nations — a shift that ...
BEIJING, Sept 12 (Reuters) - China's fiscal policy has ample room, the government's debt ratio remains "reasonable" and risks are controllable, finance minister Lan Foan said on Friday, pledging a ...
The severely indebted real estate developer China Evergrande, already in the process of liquidation, said on Tuesday it will be delisted from Hong Kong’s stock exchange on Aug. 25, another setback to ...
China is making it harder for some state-owned companies to borrow overseas, expanding a campaign to rein in local government debt risks, according to people familiar with the matter. The National ...