Bridging the funding gap has become more urgent as bond issuance by the special financial vehicles has fallen to its lowest level since 2020 Read more at The Business Times.

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 ...

BEIJING (Reuters) - China's fiscal policy has ample room, the government's debt ratio remains "reasonable" and risks are controllable, finance minister Lan Foan said on Friday, pledging a more ...

BEIJING (Reuters) - Off-balance-sheet borrowings by Chinese local governments could be as high as 40 trillion yuan ($5.78 trillion) and amount to "a debt iceberg with titanic credit risks", S&P Global ...

This month’s central economic work conference will set the tone, while top finance official signals more assertive fiscal support.

For the past two years, Chinese officials unleashed major fiscal and monetary stimulus after disappointing data in the final quarters. This time around, Beijing has fewer options. In a warning sign to ...

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 ...

China was the leading financier for developing nations throughout the 2010s, channeling over $1 trillion into infrastructure projects under President Xi Jinping's Belt and Road Initiative (BRI). Yet ...

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 ...

China's shift from lending to debt collection under the Belt and Road Initiative is placing financial pressure on developing countries, including Central Asian states. While some countries like ...