The Bank for International Settlements says China's banks are in big trouble and have three years to get out of the weeds. Matthews Asia thinks its not as bad as it sounds. (Photo by FRED DUFOUR/AFP/Getty Images) Hardly a week goes by when some investing pundit is hammering on about the [...]
Is China's Debt Problem Really That Bad?
Kenneth Rapoza, Contributor, Forbes
Mon, 09/26/2016 - 6:16am
BING NEWS:
- Why the Chinese are warming to ‘second-hand’ homes
With tens of thousands of new developments yet to be completed, house hunters are looking again at older buildings. End buyers don’t trust developers any more.
05/6/2024 - 6:57 pm | View Link - You can pay off debt in many ways. Here’s how to find what’s right for you.
There’s no single right answer that applies to everyone. Variables such as the amount you owe, the type of debt you incur and the reliability and stability of your income stream all come into play.
05/6/2024 - 9:37 am | View Link - African countries can’t resolve their debt crisis under a system rigged against them
African nations argue that without bias, they should receive higher ratings and lower borrowing costs. In turn this would mean brighter economic prospects as there is a positive correlation between ...
05/4/2024 - 9:45 pm | View Link - Does China’s oil-for-infrastructure lending model in Africa need a rethink?
Chinese resource-backed loans were a lifeline for African economies but fluctuating commodity prices exposed a hidden danger.
05/4/2024 - 1:30 am | View Link - Medical Debt Shows Up Less Often on Credit Reports
But the Consumer Financial Protection Bureau said 15 million people still had medical bills in their files, which can make it hard to qualify for loans.
05/3/2024 - 2:00 am | View Link - More
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