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debt default

  • Crisis of Confidence in China’s Economy Dampens Chinese New Year
    Crisis of Confidence in China’s Economy Dampens Chinese New Year
    News Analysis As the Chinese New Year holiday draws near, many ordinary citizens are not in the mood to celebrate as they are losing confidence in China's economy. Protests, workers demanding ...
    January 25, 2024BY Xin Ning and Olivia Li
  • The Structural and Institutional Reasons for China’s Capital Flight
    The Structural and Institutional Reasons for China’s Capital Flight
    Commentary Since the beginning of 2024, the focus on China has switched to the stock market, given the ...
    January 24, 2024BY Law Ka-chung
  • What Follows Country Garden’s Dollar Bond Default?
    What Follows Country Garden’s Dollar Bond Default?
    News Analysis Country Garden (Cogard), once regarded as one of China's most reliable property developers, missed the payment ...
    October 19, 2023BY Indrajit Basu
  • China Unleashes New Bonds, Monetary Expansion in Response to Growing Developer Debt Crisis
    China Unleashes New Bonds, Monetary Expansion in Response to Growing Developer Debt Crisis
    In a bid to sustain the economy, Beijing resorts to the issuance of new bonds and the printing ...
    October 19, 2023BY Grace Hsing and Olivia Li
  • China’s Property Giant Country Garden Launches Overseas Debt Restructuring Amidst Crisis
    China’s Property Giant Country Garden Launches Overseas Debt Restructuring Amidst Crisis
    Since falling into a debt crisis, giant Chinese private property developer Country Garden announced on Oct. 10 that ...
    October 19, 2023BY Jessica Mao
  • US Debt Default Could Help China Dethrone the Dollar
    US Debt Default Could Help China Dethrone the Dollar
    As the June 5 deadline for a decision on the U.S. debt ceiling looms, China could gain the ...
    May 31, 2023BY Autumn Spredemann
  • What Voters Fear Most if Debt Ceiling Talks Fail and Default Comes Knocking
    What Voters Fear Most if Debt Ceiling Talks Fail and Default Comes Knocking
    Even though both President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) have said in recent days they ...
    May 19, 2023BY Tom Ozimek
  • Biggest Fear Among US Business Leaders Is ‘Catastrophic’ Debt Default: White House Economic Adviser
    Biggest Fear Among US Business Leaders Is ‘Catastrophic’ Debt Default: White House Economic Adviser
    A key aide to President Joe Biden said Sunday that American business leaders' chief concern is not inflation ...
    May 15, 2023BY Tom Ozimek
  • Biden, McCarthy to Negotiate Debt Ceiling as Default Looms
    Biden, McCarthy to Negotiate Debt Ceiling as Default Looms
    After months of stalled debt ceiling negotiations, President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) will meet ...
    May 8, 2023BY Samantha Flom
  • The Case for Risking Default on the Debt
    The Case for Risking Default on the Debt
    Commentary The same old game is starting all over again. The big spenders in Congress and the administrative ...
    February 16, 2023BY Jeffrey A. Tucker
  • Could Washington Default?
    Could Washington Default?
    Commentary Every few years, Washington approaches a debt ceiling limit, and worries about default multiply. Theoretically, default is ...
    February 10, 2023BY Milton Ezrati
  • ‘Canary in the Gold Mine’: Asset Seizures Could Skyrocket Due to Post-Pandemic Debt Default, Says Bailiff
    ‘Canary in the Gold Mine’: Asset Seizures Could Skyrocket Due to Post-Pandemic Debt Default, Says Bailiff
    North Central Bailiffs in Kelowna, B.C., is busy. In fact, as pandemic restrictions and mandates continue to ease, ...
    October 16, 2022BY Jeff Sandes
  • Chinese Property Developer Faces Debt Default Amid ‘Unprecedented Liquidity Pressure’
    Chinese Property Developer Faces Debt Default Amid ‘Unprecedented Liquidity Pressure’
    Evergrande’s debt default last year, kicked off China’s housing market slump that just continues to worsen as widespread ...
    July 2, 2022BY Kathleen Li
  • Washington Ends Bond Payment Exemption for Russia, Leading to Fears of Default
    Washington Ends Bond Payment Exemption for Russia, Leading to Fears of Default
    Following Washington’s decision to end a key sanctions exemption, Russia’s chances of defaulting on its debts have increased. ...
    May 25, 2022BY Naveen Athrappully
  • China’s Real Estate Boom Slows, Igniting Fears of a Debt Crisis and Recession
    China’s Real Estate Boom Slows, Igniting Fears of a Debt Crisis and Recession
    China’s local government revenues and overall economy are dependent on the strength of the housing and commercial real ...
    May 3, 2022BY Winnie Han
  • Russian Default ‘Extremely Likely’ as International Pressure Escalates
    Russian Default ‘Extremely Likely’ as International Pressure Escalates
    The odds of Russia defaulting on its external debts are increasing the longer the war in Ukraine lasts, ...
    March 2, 2022BY Andrew Moran
  • Debt Crisis Looms as China’s Housing Market Continues to Slump
    Debt Crisis Looms as China’s Housing Market Continues to Slump
    The deepening debt crisis at Chinese developers like Evergrande Group, along with Beijing's efforts to rein in property speculation, ...
    January 23, 2022BY Fran Wang
  • Chinese Land Sales Falls Significantly, Deepening Local Government Debt Stress
    Chinese Land Sales Falls Significantly, Deepening Local Government Debt Stress
    Chinese government land sales fell significantly through 2021, reversing a six-year streak of gains, as a cash crunch ...
    January 15, 2022BY Fran Wang
  • Chinese Developer Shimao Default Deepens Concerns Over Property Industry’s Debt Crisis
    Chinese Developer Shimao Default Deepens Concerns Over Property Industry’s Debt Crisis
    The Shanghai Stock Exchange briefly suspended trading of one of Chinese property developer Shimao's bonds on Monday, following ...
    January 11, 2022BY Fran Wang
  • Evergrande, Kaisa Cut by Fitch to ‘Default’ After Missed Payment Deadlines
    Evergrande, Kaisa Cut by Fitch to ‘Default’ After Missed Payment Deadlines
    HONG KONG/LONDON—Ratings agency Fitch downgraded property developers China Evergrande Group and Kaisa Group on Thursday, saying they had ...
    December 9, 2021BY Reuters
  • Evergrande Chairman Sold a Family Home In Hollywood at a $5 Million Loss
    Evergrande Chairman Sold a Family Home In Hollywood at a $5 Million Loss
    China Evergrande Group's inability to pay off millions in debts has resulted in the introduction of a risk ...
    December 9, 2021BY Shawn Jiang and Kathleen Li
  • Bankrupting America
    Bankrupting America
    Commentary Two weeks ago, President Donald Trump signed the largest stimulus bill in U.S. history: more than $2 ...
    April 8, 2020BY John Stossel
  • China’s Bohai Economic Rim Faces $2.1 Billion Default of State-Owned Company
    China’s Bohai Economic Rim Faces $2.1 Billion Default of State-Owned Company
    News Analysis China Fortune Global 500 member Tewoo Group is set to default on Dec. 16 if creditors ...
    December 4, 2019BY Chriss Street
TOP NEWS
  • The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
    NEW By Sheramy Tsai
    The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
  • Senate Panel Advances Bill to Make Hospitals Compete on Price
    1hr By Lawrence Wilson
    Senate Panel Advances Bill to Make Hospitals Compete on Price
  • House Adopts Budget Blueprint for $95 Billion Reconciliation Package
    2hr By Jackson Richman
    House Adopts Budget Blueprint for $95 Billion Reconciliation Package
  • House Passes Congressional Stock Trading Ban
    2hr By Jackson Richman and Nathan Worcester
    House Passes Congressional Stock Trading Ban
  • US Signs Nuclear Cooperation Deal With Saudi Arabia
    2hr By Emel Akan
    US Signs Nuclear Cooperation Deal With Saudi Arabia
  • House Passes Defense Policy Bill That Attaches SAVE America Act
    3hr By Jackson Richman
    House Passes Defense Policy Bill That Attaches SAVE America Act
  • Allergy Medication Recalled Over Possible ‘Life-Threatening’ Risks
    3hr By Jack Phillips
    Allergy Medication Recalled Over Possible ‘Life-Threatening’ Risks
  • US, Ukraine Sign Agreement for Drone Testing
    3hr By Jill McLaughlin
    US, Ukraine Sign Agreement for Drone Testing
  • White House Says NJ Noncitizen Voter Error Suggests Need for SAVE America Act
    4hr By Jack Phillips
    White House Says NJ Noncitizen Voter Error Suggests Need for SAVE America Act
  • Doctor Urges Medical Community to Take Action Against China’s Forced Organ Harvesting
    5hr By Frank Fang
    Doctor Urges Medical Community to Take Action Against China’s Forced Organ Harvesting
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