China’s finance ministry vows to increase central bond issuance and flexible transfer payments to cash-strapped local ...

China’s debt is more than 250 percent of GDP, higher than the United States. It remains lower than Japan, the world’s most indebted leading economy, but some experts say the concern is that China’s ...

Bloomberg recently reported that Beijing is preparing to mobilize over 1 trillion yuan in loans from state-owned and policy banks to help local governments clear overdue payments to private ...

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 ...

Global debt crisis is entering a dangerous phase as major economies carry heavier burdens than ever before. Debt-to-GDP ratios in Japan, the United States, China, and the European Monetary Union have ...