A recent report surprised when it showed high and upper-middle income countries accounted for 76 percent of Chinese loans ...
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 ...
Investors are snapping up yuan credits and surging yuan lending is poised to overtake overseas dollar loans at Chinese banks ...
Washington's latest warnings about Chinese lending are not just another skirmish in a long-running rivalry, they are a signal that the structure of global finance itself is shifting in ways many ...
(Reuters) -Lower-income countries' external debt payments to private lenders remain three times higher than payments to China, research shows, shedding light on the complex, costly web of creditors ...
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 ...
Kenya has converted part of its Chinese loans from U.S. dollars into renminbi (RMB), while Ethiopia is negotiating a similar arrangement. These conversions provide fiscal relief while embedding ...
WASHINGTON (Reuters) -Top U.S. and Chinese officials joined a meeting on Wednesday of the Global Sovereign Debt Roundtable, where a key topic was the lack of transparency about commercial bank loans ...
Kenya is in talks with China to convert dollar-denominated debt the East African nation owes its biggest bilateral lender to yuan and extend the repayment period, Treasury Secretary John Mbadi said.
Chinese lenders are recalibrating their approach to the Belt and Road Initiative, strategically deepening their footprint in the Middle East while shifting from traditional infrastructure lending ...
Zambia has signed bilateral debt-restructuring deals covering some of its obligations to Chinese lenders, including the Export–Import Bank of China, Finance Minister Situmbeko Musokotwane said. The ...
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