Many of the world’s poorest countries are due to make record debt repayments to China in 2025 on loans extended a decade ago, at the peak of Beijing’s Belt and Road Initiative, a report by the ...
China’s local government debt increased by CNY7.29 trillion (USD1.05 trillion) to CNY54.82 trillion (USD7.88 trillion) at the end of last year from a year earlier, staying below the CNY57.99 trillion ...
(Reuters) -Lower-income countries' external debt payments to private lenders remain three times higher than payments to China, research shows, shedding light on the complex, costly web of creditors ...
For the past two years, Chinese officials unleashed major fiscal and monetary stimulus after disappointing data in the final quarters. This time around, Beijing has fewer options. In a warning sign to ...
BEIJING >> China’s President Xi Jinping pledged fresh investment in Tonga when he met King Tupou VI of the South Pacific island nation in Beijing today, as the Asian giant works to extend its ...
The Chinese developer also obtained a fresh loan from a state-owned shareholder, giving it more breathing room as it wrestles ...
June 4 (Reuters) - China's MMG (1208.HK), opens new tab said on Tuesday it plans to raise about HK$9.08 billion ($1.16 billion) through a rights issue to repay existing debt, allowing the Hong ...
Decision to repay loans and import costs directly to China in Chinese currency is practical rather than political, experts ...
Dec 22 (Reuters) - Embattled property developer China Vanke narrowly dodged a default on Monday ‌after onshore bondholders approved a plan to extend ‌the grace period of a 2 billion yuan ($284 million ...
China is one of the largest holders of U.S. debt. Discover how much it holds, why it buys U.S. Treasury bonds, and what those investments mean for the U.S. economy.