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debt default
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, 2024
BY
Xin Ning
and
Olivia Li
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, 2024
BY
Law Ka-chung
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, 2023
BY
Indrajit Basu
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, 2023
BY
Grace Hsing
and
Olivia Li
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, 2023
BY
Jessica Mao
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, 2023
BY
Autumn Spredemann
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, 2023
BY
Tom Ozimek
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, 2023
BY
Tom Ozimek
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, 2023
BY
Samantha Flom
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, 2023
BY
Jeffrey A. Tucker
Could Washington Default?
Commentary Every few years, Washington approaches a debt ceiling limit, and worries about default multiply. Theoretically, default is ...
February 10, 2023
BY
Milton Ezrati
‘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, 2022
BY
Jeff Sandes
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, 2022
BY
Kathleen Li
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, 2022
BY
Naveen Athrappully
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, 2022
BY
Winnie Han
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, 2022
BY
Andrew Moran
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, 2022
BY
Fran Wang
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, 2022
BY
Fran Wang
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, 2022
BY
Fran Wang
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, 2021
BY
Reuters
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, 2021
BY
Shawn Jiang
and
Kathleen Li
Bankrupting America
Commentary Two weeks ago, President Donald Trump signed the largest stimulus bill in U.S. history: more than $2 ...
April 8, 2020
BY
John Stossel
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, 2019
BY
Chriss Street
TOP NEWS
Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
1hr
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Jack Phillips
Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
1hr
By
Savannah Hulsey Pointer
US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
3hr
By
Jacki Thrapp
US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
4hr
By
Jacki Thrapp
Fascia: The Living, Interconnected Web Behind Movement and Healing–How to Enhance Its Function
4hr
By
Mercura Wang
Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
8hr
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Lawrence Wilson
US Bankruptcy Filings Increase 7 Percent Yearly
9hr
By
Naveen Athrappully
How a Tiny Insect Decimated Florida’s Citrus, and What Orchardists Are Doing About It
10hr
By
Jacob Burg
Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
16hr
By
Melanie Sun
Kentucky Derby Champion Golden Tempo Wins 2026 Belmont Stakes
18hr
By
Ross Kelly