China is making it harder for some state-owned companies to borrow overseas, expanding a campaign to rein in local government debt risks, according to people familiar with the matter. The National ...
It lines up another potential showdown between the two superpowers that could further complicate the South American country's ...
BEIJING, Nov 3 (Reuters) - China's Ministry of Finance set up a new debt-management department, it said on Monday, the latest step in its effort to rein in local debt risks as the economy slows. The ...
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Global finances in peril? Debt levels hit insane highs as Japan, US, China, EMU lean on leverage
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 ...
Sovereign debt crises nowadays are not just economical but also geopolitical, directly shaping national sovereignty. Weak fiscal accounts and current accounts lead to borrowing externally, thus ...
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