LIUZHOU, China—Officials were bullish about the future of their factory town in early 2019. The economy was prospering, a new industrial district was on the way and an elevated light-rail system was ...
BEIJING — China's persistent consumption slowdown traces back to the country's real estate slump, and its deep ties to local government finances — and debt. The bulk of Chinese household wealth went ...
James H. Nolt is adjunct associate professor of international relations at New York University and author of International Political Economy: The Business of War and Peace. He was founding dean of an ...
Chinese government debt rose by over 13 percent last year, making it almost three times the size of the country's gross domestic product. The steady increase in government borrowing comes at a ...
With China’s rise to become Africa’s largest bilateral creditor, much research has focused on an evidence-based critique of the politicised narrative about China’s supposed ‘debt trap diplomacy’. At a ...
LONDON/BEIJING (Reuters) - In August, China's ambassador to Zambia took to the stage at a new conference centre in the capital Lusaka, which he called "a gift from the Chinese government to our ...
China’s broad fiscal spending slumped in October by the most since at least 2021, crippling a key driver of investment and ...
Jan 26 (Reuters) - China's monetary policy will continue to support economic growth and the central bank will watch debt and non-performing loan risks, central bank Governor Yi Gang said on Tuesday.
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 ...
High government debt raises interest costs and leaves less fiscal room to respond to shocks just as aging populations push up pension and health outlays. The Chinese and U.S. governments are among the ...
The external debt situation for low and middle-income countries (LMICs) has changed drastically over the last decade and is out-pacing the economic growth of these countries, thereby raising serious ...
Headwinds in China are well-documented, but more turmoil could come if policymakers don't act soon. Economists at the IIF say Beijing still has the capacity to provide stimulus in 2024. But a lack of ...