China’s debt problem has grown to levels far beyond that of the United States, creating risks for its economy and the world.
The United States is in debt with China for hundreds of billions of dollars, yet that sum is miniscule when compared to the total national debt, and the amount of debt owed to other bond holders. As ...
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 ...
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 ...
HONG KONG, July 30 (Reuters) - China Evergrande Group looks set to be kicked off the Hong Kong exchange next month after failing to revamp its debt and being pushed into liquidation, with the ...
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 ...