China’s finance ministry vows to increase central bond issuance and flexible transfer payments to cash-strapped local ...
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 ...
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 ...
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 ...
Global debt crisis is entering a dangerous phase as major economies carry heavier burdens than ever before. Debt-to-GDP ratios in Japan, the United States, China, and the European Monetary Union have ...
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 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 ...
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 ...