China Debt
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China's economy seen growing 6.8 percent in 2017 and 6.4 percent in 2018: Reuters poll
EghtesadOnline: China’s economy will likely grow 6.8 percent in 2017, topping the state target and accelerating for the first time in seven years, a Reuters poll showed, as Beijing walks a tightrope…
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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…
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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…
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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…
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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…