tag China Debt

China's Debt Swaps Surpass $100 Billion

EghtesadOnline: Almost a year after China rolled out steps to rein in soaring corporate leverage, concerns are rising that undeserving companies are benefiting while households are getting saddled with risks.
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Publish Date:21/August/2017 | 05:29

China's reforms not enough to arrest mounting debt: Moody's

EghtesadOnline: China's structural reforms will slow the pace of its debt build-up but will not be enough to arrest it, and another credit rating cut for the country is possible down the road unless it gets its ballooning credit in check, officials at Moody's said.
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Publish Date:27/May/2017 | 04:37

Dollar firm after bounce from lows, yuan slips on China downgrade

EghtesadOnline: The dollar held firm on Wednesday, having rebounded from 6-1/2-month lows against its major peers helped by a rise in U.S. Treasury yields, while the yuan eased after Moody's cut its sovereign rating on China due to concerns over the country's soaring debt.
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Publish Date:24/May/2017 | 05:12

China May Have $2 Trillion in Hidden Bad Debt

EghtesadOnline: The real level of bad debt in China might be 10 times the official number, according to the ratings agency Fitch. But don’t worry! Fitch says that a “one-off resolution” of those non-performing loans would only cost $1 trillion. Or maybe $2 trillion.
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Publish Date:26/September/2016 | 16:01