As Beijing pushes consumer lending to stimulate the economy, millions of Chinese borrowers, especially the young, are falling into debt spirals. By Li Yuan China is a nation of savers. The Chinese ...
THE RISE of a property-owning, entrepreneurial middle class in China has transformed its cities in this century. It has helped to spur consumption in the world’s second-largest economy. In May retail ...
China's shift from lending to debt collection under the Belt and Road Initiative is placing financial pressure on developing countries, including Central Asian states. While some countries like ...
Social media post deleted then reposted without restructuring reference Kenya is grappling with a heavy debt load and service costs China is Kenya's biggest bilateral lender NAIROBI, April 2 (Reuters) ...
Global debt has stabilized, though it remains at an elevated level, as a continued reduction in private-sector lending offset greater borrowing by governments. Total debt was little changed last year, ...
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