Hong Kong CNN — China has approved a 10 trillion yuan ($1.4 trillion) plan to bolster its ailing economy by allowing local ...
We’ll see if this form of financial engineering—swapping new on-balance-sheet debt for the old hidden variety—is the ...
They would also exacerbate China's industrial overcapacity and the deflationary pressures it fuels, analysts said. The ...
The outlook is grim for the world’s second largest economy, with growth slowing and the prospect of a new trade war following ...
Beijing must spend trillions of yuan to undo decades of loose credit.
China gave indebted local governments a 10 trillion yuan ($ ... Officials unveiled details of a program to refinance ...
From N87.4 trillion in September last year, Nigeria’s debt profile surged by about N47 trillion in one year, a debt ...
Arthur Hayes, a cofounder of bitcoin and crypto derivatives pioneer BitMex who went on to set up the Maelstrom investment ...