China’s debt is more than 250 percent of GDP, higher than the United States. It remains lower than Japan, the world’s most indebted leading economy, but some experts say the concern is that China’s ...
China Vanke made a fresh effort to muster bondholder backing for an onshore debt repayment due this week and avoid a default after the state-backed developer's initial plan was rejected, renewing ...
BEIJING (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 more ...
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 ...
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 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 threatens to undermine poverty ...
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 ...
The current economic environment has pushed debt problems to a breaking point for millions of Americans. With inflation still a concern, rising costs across housing, food and essential services have ...