Provincial prosecutors in Guizhou have set up a special investigative team to look into the case of a female entrepreneur who, along with members of her legal team, was detained and accused of “picking quarrels and provoking...
Read MoreWhile much of the Western developed world was glued to the mutiny in Russia over the weekend, much of the developing world contemplated a debt crisis that has both governments and individual families struggling to pay their...
Read MoreChina’s recent COVID-19 wave has left patients and their families struggling with medical debt. A Peking University study estimated that as of January 11, 900 million people in China had been infected with COVID-19, and China’s...
Read MoreLast week, the Zambian government announced that its creditors—a coalition of French and Chinese lenders that includes China Exim Bank—would cancel $2 billion of the country’s $17 billion external debt. The landmark debt...
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After going on a major overseas spending spree in recent years, China’s HNA Group is now facing a...
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With local government borrowing on the rise, Beijing will soon evaluate its local counterparts...
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With the Chinese government counting debt balances at the local government level for the first...
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The Telegraph’s Malcolm Moore visits the world’s largest building, Chengdu’s New...
Read MoreWith the news that China’s State Council ordered a national audit of all government debt, The Wall Street Journal’s Richard Silk collated research estimates about where the official figure is today: China has one big...
Read MoreChina’s State Council has ordered an audit of all government debt, according to Reuters, a sign that policymakers are concerned with rising debt at the provincial and municipal level amid a slowdown in economic growth: The...
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