China's Awkward Debt Problem

Why can’t China kick its debt addiction? The obstacles are political, not economic.

Topics:  china   debt   
BING NEWS:
  • Fitch downgrades China's credit rating outlook on debt concerns
    China's debt to GDP ratio climbed to a new record back in 2023, 287% is what we're looking at. Compare that to 97% in the US, and, certainly, points to just where the health is in China right now.
    04/9/2024 - 1:00 pm | View Link
  • China’s red carpet draws CEOs but few expect their money to follow
    “It is an awkward signal to other investors and showcases how strategically and selectively China chooses to engage with international companies,” said Max Zenglein, chief economist at Merics, a ...
    03/28/2024 - 10:37 pm | View Link
  • China's Navy outnumbers the U.S. as Biden cuts defense budgets
    And we shouldn't forget that the debt-limit deal the White House agreed with former Republican House Speaker Kevin McCarthy put a limit on spending. For all their shouting this week, the ...
    03/14/2024 - 12:28 am | View Link
  • China's State Media Deletes Accidental Joke About Stock Market Nose-Dive
    Chinese state media has taken down a cheery social media greeting that featured a pair of high divers. A screenshot taken before the deletion was shared to X (formerly Twitter) by a China watcher ...
    02/6/2024 - 10:18 pm | View Link
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