Chinese leader Xi Jinping is presiding over a dangerous spiral of debt that is strangling the economy at home and damaging ...
China's real estate giant Evergrande has been forced into liquidation, and Country Garden is also proceeding with business ...
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China’s debt problem could be 3 times worse than America’s - “They’re just better at keeping it to themselves”
America's ballooning national debt receives enormous attention, but China's financial position may be considerably more complicated than its headline figures suggest. Once provincial governments, ...
A quiet financial shift is turning into a loud warning. According to projections from the International Monetary Fund, global government debt is on track to hit 102% of GDP by 2031. That number is not ...
This is a worrying trend. It seems to indicate that once consumer loans are delinquent, fewer borrowers have any intention of ...
Debt Crises Cannot Be Measured by the Same YardstickTo understand the impact of China's 100 million figure, it is necessary to compare it with the US and Japan. However, each country's statistics ...
IN LATE JULY a court in China’s eastern Anhui province signed off on an unusual restructuring proposal. It concerns Guohou Asset Management, a financial firm originally set up to defuse debt bombs by ...
The current debt and development crisis in the Global South has resurfaced a long-standing tension in sovereign development finance: do tools designed to assess fiscal risk account for the investment ...
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