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 plan was rejected, renewing ...

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 ...

Worldwide total government debt as of 2024, at least according to this source, was $97.5T. That means the US accounts for ...

The severely indebted real estate developer China Evergrande, already in the process of liquidation, said on Tuesday it will be delisted from Hong Kong’s stock exchange on Aug. 25, another setback to ...

Fitch's downgrade follows Vanke's entry into a grace period of five working days for the repayment of principal and interest on the onshore bond, the rating company said, adding that Vanke expects to ...

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 ...

The United States is in debt with China for hundreds of billions of dollars, yet that sum is miniscule when compared to the total national debt, and the amount of debt owed to other bond holders. As ...

Paula Bronstein / Getty Images 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 ...

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 ...

HONG KONG, July 30 (Reuters) - China Evergrande Group looks set to be kicked off the Hong Kong exchange next month after failing to revamp its debt and being pushed into liquidation, with the ...