China must address a rising problem of overinvestment in large but inefficient projects that is more rooted in habitual practice…
Read More »Debt
Echo Huang Shaomei, the newly appointed CEO of heavily indebted New World Development (NWD), is facing a host of formidable…
Read More »
Beleaguered property developer Sunac China Holdings has sold its stake in Harbin Ice and Snow World Park, operator of one…
Read More »
New World Development (NWD) has sold its stake in Hong Kong’s largest sports infrastructure project to parent Chow Tai Fook…
Read More »
Chinese developer R&F Properties said a subsidiary missed interest payments on offshore notes in another sign of escalating troubles for…
Read More »
Decentralisation of decision-making from the central government to local authorities is widely regarded as one of China’s most effective policy…
Read More »
Put in perspective, the size of the global financial system per the Financial Stability Board at the end of 2022…
Read More »
Growth of debt within China’s non-financial sectors fell to the lowest level in more than two decades in the second…
Read More »
This is not a narrative that the Biden administration will be anxious to have broadcast in the run-up to the…
Read More »
Fitch forecasts Pakistan’s FY25 budget to significantly reduce government debt, which is projected to decline to 68% of GDP by…
Read More »