In China, Ray Dalio discusses global debt issues as Beijing seeks his counsel
As China works to defuse its debt risks, and with unchained US borrowing rocketing skyward, Ray Dalio finds…
China expands ‘circle of friends’ as overseas investors boost domestic assets
China’s top financial officials said the country’s assets have become much more attractive to overseas capital in the…
Chinese province floats new use for digital yuan: paying long-delayed debts
China is mulling the application of its digital yuan – the central bank-backed currency also known as the…
Chinese researchers lodge concerns over US debt as Beijing limits exposure
Calls for China to gradually reduce its exposure to US dollar assets are growing louder as Washington’s national…
China seeks to bolster demand by subsidising interest costs on consumer loans
China has launched a year-long plan to offer interest subsidies for personal consumer loans as part of Beijing’s…