Flag of China painted on a cracked wall. Chinese real estate and debt crisisGetty Images China is in the midst of a profound economic crisis. Growth rates are flagging as an unsustainable mountain of ...
Two of the leading experts on the world's biggest economies warn that both countries face serious challenges in the years ahead, and not just over trade with each other. Speaking on the sidelines of ...
As Beijing pushes consumer lending to stimulate the economy, millions of Chinese borrowers, especially the young, are falling into debt spirals. By Li Yuan China is a nation of savers. The Chinese ...
China’s $10tn (£7.6tn) bond market is already the second-largest in the world and spans central and local government bonds, central bank paper and bonds issued by China’s development banks, and a ...
China's restrained approach to uplift its slowing economy "reflects concerns over local government debt burdens and the ...
Bloomberg recently reported that Beijing is preparing to mobilize over 1 trillion yuan in loans from state-owned and policy banks to help local governments clear overdue payments to private ...
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