HONG KONG, Dec 15 (Reuters) - 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 ...
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 ...
BEIJING, Dec 9 (Reuters) - China executed on Tuesday a former general manager of China Huarong International Holdings, Bai Tianhui, for taking bribes totalling 1.1 billion yuan ($156 million), state ...
China's shift from lending to debt collection under the Belt and Road Initiative is placing financial pressure on developing countries, including Central Asian states. While some countries like ...
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 shifted from the world’s largest creditor nation to the globe’s biggest debt collector. Central Asian states owe billions to Chinese entities, but their geographic importance to Beijing is ...
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 ...
HONG KONG, Aug 12 (Reuters) - Liquidators of China Evergrande Group said on Tuesday they have sold about $255 million of its assets 18 months into China's largest debt liquidation process and taken ...