CHINA TOPIX

12/23/2024 02:05:14 am

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China debt

China's Corporate Debt Problem.

China Need to Take Constructive Steps to Tackle Corporate Debt, Says Top Economist

China's rising debt problem is considerably offset by its high saving rate, but steps need to be taken to control exceptionally high corporate liabilities, a leading government economist said on Wednesday.

Scotland and China

China's Top Banks Get US$81 Billion Help from Central Bank to Put off Slowdown

China's top five banks are receiving aid from the country's Central Bank amounting to US$81 billion or 500 billion yuan. The government support is intended to curb the slow growth rate for the world's second economic power.

Debt Crisis Looms for Chinese Local Governments

China's local government may have trouble paying off debts as its property market sees a downturn in revenues.

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