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 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 ...
The United States dwarfs China in wealth, income, and innovation, yet risks losing the long game because Beijing treats ...
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 ...
Chinese property stocks surged on speculation of new policy stimulus and bets on progress in China Vanke Co.’s debt-restructuring talks. A Bloomberg Intelligence gauge of developer shares jumped more ...
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 ...
Sovereign debt crises nowadays are not just economical but also geopolitical, directly shaping national sovereignty. Weak fiscal accounts and current accounts lead to borrowing externally, thus ...
A top Chinese economist has issued a warning over the risks of overreliance on stimulus for short-term growth, including driving debt to unsustainable levels. Newsweek has contacted China's Foreign ...