Sunday, April 18, 2021
Tags China debt

Tag: China debt

China Announces Suspension of Debt Repayments for 77 Developing Nations due to COVID-19

The Chinese government has announced that it will temporarily suspend repayments for debt owed to it by at least 77 developing economies...

China’s Policy Banks Account for 77% of Resource-backed Lending to Latin America and Africa

Data from Washington-based non-governmental organisation the Natural Resource Governance Institute (NRGI) indicates that China's policy banks accounted for the vast majority of...

Tianjin Government Company Defaults on USD$79mn in Trust Loans

A state-owned real estate company in Tianjin municipality has defaulted on two trust loans with a total value of 500 million yuan (USD$78.69 million),...

State-owned Enterprises Banned From Financing Chinese Local Government

China's Ministry of Finance has put the kibosh on state-owned finance enterprises providing financing to local governments outside of bond purchases, as part of...

China’s Household Debt Starts to Surge

While concern over China's decade-long debt binge has focused primarily on leverage in the corporate sector, analysts point out that household borrowing is now...

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Actually Used Foreign Investment in China Rises Nearly 40% in First Quarter, New Foreign Invested Enterprises up 47.8%

China has seen a surge in foreign investment in the first quarter of 2021 compared to the same period in 2020, with...

China’s Q1 GDP Surges 18.3% YoY, Two Year Average Growth Rate at 5.0%

Chinese GDP in the first quarter of 2021 has seen a surge compared to the same period last year, given the low...

MLF Rates Remain Unchanged for 13th Consecutive Month as Chinese Monetary Policy Stresses Stability

The Chinese central bank's open market operations (OMO) have kept the rate for medium-term instruments unchanged for over a year, with analysts...

PBOC Reiterates Commitment to Anti-trust Enforcement in Chinese Payments Sector, Development of Cross-border Payments

The Chinese central bank has stressed its commitment to enforcing anti-trust measures in China's payment sector, as well as efforts to improve...