China debt | Zee News

Advertisement

China debt News

China debt trap

23 Dec 2021

China debt amounts to 45 percent of its GDP

The national debt of the People's Republic of China is the total amount of money owed by the central government, local governments, government branches and state organizations of China. As of 2020, China's total government debt stands at approximately 7 trillion dollar, equivalent to about 45% of GDP

12 Apr 2018

Pakistan's CPEC port in Gwadar has more challenges than advantages: Report

Connectivity, higher transportation cost and services could prevent Gwadar from succeeding. And, of all things, it may be water that could be the biggest threat.

12 Apr 2018

IMF head warns China on exporting debt through 'Silk Road'

Lagarde made the comments at a Beijing forum on Chinese President Xi Jinping's signature Belt and Road initiative, a USD 1 trillion road, rail and construction project spanning dozens of countries -- from Asia to Africa and Europe.

30 Jan 2018

Blow to China: African Union discovers data theft, espionage; ditches Chinese servers

China has reponded characterstically, dismissing the allegation instead of trying to win back the trust.

19 Dec 2017

China wields CPEC: Pakistan buckles to trade in yuan, to treat it equal to US Dollar

Pakistan has said it would consider offshore trade in yuan at Gwadar Port It has also agreed to bilateral trade with China in yuan Yuan to be given equivalent status, privileges as the US dollar

17 Nov 2017

Why global powers are obsessed with containing China: 10-point guide

Here is a 10-point guide to understanding the rising fear of China.

S&P Global Ratings

22 Sep 2017

S&P says downgraded China as credit growth still too fast

China`s finance ministry said the downgrade was "a wrong decision" that ignored the economic fundamentals and development potential of the world`s second-largest economy.

Standard & Poor`s

21 Sep 2017

S&P downgrades China, says rising debt is stoking economic, financial risks

S&P had said in June there was a "real" chance of a downgrade and a decision would be made based on whether China is able to move away from a credit-driven growth strategy. The demotion follows a similar move by Moody`s Investors Service in May.

29 Aug 2015

China removes 75% cap on loan-to-deposit ratio

Facing economic downturn, China today removed 75 percent loan-to-deposit ratio stipulation for its commercial banks to improve liquidity and imposed USD 2.5 trillion as ceiling for local governments to control the spiralling debt.

Loading...

NEWS ON ONE CLICK