China Debt
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From Millionaire To Lotus Farmer: Chinese Woman Repays $700,000 Debt Through Hard Work
After losing her multimillion-yuan fruit business, a Chinese woman now sells lotus roots to repay US$700,000 in debt.
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Chinese Official Honeytrapped By "Seductive Beauty" Of Foreign Spy
China said Thursday it had cracked three spying plots, including one in which a public servant was lured by the "seductive beauty" of a foreign agent, urging government workers to remain vigilant against overseas threats.
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"Billion People Backing You": Why China Is Supporting Musk Amid Feud With Trump
A few hours after the Senate passed the bill on Wednesday, the hashtag #MuskWantsToBuildAnAmericaParty went viral on Weibo, a Chinese social media platform and has received more than 37 million views.
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35-Year-Old Chinese Man Lives In A Cave After Quitting Job, Calls Marriage A "Waste Of Time"
In 2021, he abandoned his $1,400-per-month job to live in seclusion, away from the pressures of city life.
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Fitch Downgrades China's Rating To 'A', Outlook Stable
Global ratings agency Fitch downgraded China's long-term foreign-currency issuer default rating from 'A+' to 'A' on Thursday, noting weakening finances and debt concerns.
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China Woman Defrauds People Of Millions, Spoils Lover With Luxuries As Husband Lives Frugally
A Chinese woman, identified as Wang Wei, defrauded friends and family of $3.3 million by fraudulently selling apartments she did not own.
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Why China Remains Undeterred About Opening Up Its Economy
The country's economy, the world's second-largest, has struggled to recover from the Covid-19 pandemic, facing challenges like a debt crisis in the housing sector, low consumption, and high youth unemployment.
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Chinese Tricksters Take Cue From Squid Game To Prey On The Indebted
In China's take on Squid Game, fraudsters are preying on the financially distressed in a slumping economy with promises of prize money, debt restructuring and other schemes that are not always what is promised.
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'Connectivity Clouding Sovereignty...': S Jaishankar's Veiled Dig At China
External Affairs Minister S Jaishankar on Saturday told the UN General Assembly that unviable projects raise debt levels and any connectivity that clouds sovereignty and territorial integrity acquires strategic connotations, especially when it is not
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As Maldives Faces Debt Default, China Inks New Finance Pact. Details Here
China and Maldives have signed a new agreement today that allows Beijing to lend more financial support to the already debt-distressed nation. China's central bank has said the pact will also help strengthen trade and investment.
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China Pledges Another $51 Billion For Debt-Distressed Africa - New Debt Trap?
Chinese President Xi Jinping today pledged to step up China's support across the debt-distressed African continent with funding of nearly $51 billion, backing for more infrastructure initiatives and a promise to create at least 1 million jobs.
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China, Saudi, UAE Agree To Roll Over Pak's $12 Billion Debt For A Year
China, Saudi Arabia and the UAE have agreed to roll over cash-strapped Pakistan's $12 billion debt for one year, as the International Monetary Fund (IMF) is likely to approve its $7 billion bailout package later this month.
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Sri Lanka Seals Debt Deal As It Recovers From 2022 Financial Crash
Sri Lanka said on Wednesday it had clinched a restructuring deal with India, China, and other nations, covering up to $10 billion in debt, a critical step towards recovery after a 2022 financial crash.
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Ratings Agency Fitch Downgrades China Credit Outlook Over Debt Fears
Ratings agency Fitch said Wednesday it had downgraded China's sovereign credit outlook to negative, citing increased risks to the country's public finances, in a move Beijing swiftly called "regrettable".
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Chinese Multimillionaire Kept His Wealth Secret From Son For 20 Years. Here's Why
Though he was aware of his father's famous brand, he was told that his family had gone into debt to keep the company running.
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From Millionaire To Lotus Farmer: Chinese Woman Repays $700,000 Debt Through Hard Work
After losing her multimillion-yuan fruit business, a Chinese woman now sells lotus roots to repay US$700,000 in debt.
-
Chinese Official Honeytrapped By "Seductive Beauty" Of Foreign Spy
China said Thursday it had cracked three spying plots, including one in which a public servant was lured by the "seductive beauty" of a foreign agent, urging government workers to remain vigilant against overseas threats.
-
"Billion People Backing You": Why China Is Supporting Musk Amid Feud With Trump
A few hours after the Senate passed the bill on Wednesday, the hashtag #MuskWantsToBuildAnAmericaParty went viral on Weibo, a Chinese social media platform and has received more than 37 million views.
-
35-Year-Old Chinese Man Lives In A Cave After Quitting Job, Calls Marriage A "Waste Of Time"
In 2021, he abandoned his $1,400-per-month job to live in seclusion, away from the pressures of city life.
-
Fitch Downgrades China's Rating To 'A', Outlook Stable
Global ratings agency Fitch downgraded China's long-term foreign-currency issuer default rating from 'A+' to 'A' on Thursday, noting weakening finances and debt concerns.
-
China Woman Defrauds People Of Millions, Spoils Lover With Luxuries As Husband Lives Frugally
A Chinese woman, identified as Wang Wei, defrauded friends and family of $3.3 million by fraudulently selling apartments she did not own.
-
Why China Remains Undeterred About Opening Up Its Economy
The country's economy, the world's second-largest, has struggled to recover from the Covid-19 pandemic, facing challenges like a debt crisis in the housing sector, low consumption, and high youth unemployment.
-
Chinese Tricksters Take Cue From Squid Game To Prey On The Indebted
In China's take on Squid Game, fraudsters are preying on the financially distressed in a slumping economy with promises of prize money, debt restructuring and other schemes that are not always what is promised.
-
'Connectivity Clouding Sovereignty...': S Jaishankar's Veiled Dig At China
External Affairs Minister S Jaishankar on Saturday told the UN General Assembly that unviable projects raise debt levels and any connectivity that clouds sovereignty and territorial integrity acquires strategic connotations, especially when it is not
-
As Maldives Faces Debt Default, China Inks New Finance Pact. Details Here
China and Maldives have signed a new agreement today that allows Beijing to lend more financial support to the already debt-distressed nation. China's central bank has said the pact will also help strengthen trade and investment.
-
China Pledges Another $51 Billion For Debt-Distressed Africa - New Debt Trap?
Chinese President Xi Jinping today pledged to step up China's support across the debt-distressed African continent with funding of nearly $51 billion, backing for more infrastructure initiatives and a promise to create at least 1 million jobs.
-
China, Saudi, UAE Agree To Roll Over Pak's $12 Billion Debt For A Year
China, Saudi Arabia and the UAE have agreed to roll over cash-strapped Pakistan's $12 billion debt for one year, as the International Monetary Fund (IMF) is likely to approve its $7 billion bailout package later this month.
-
Sri Lanka Seals Debt Deal As It Recovers From 2022 Financial Crash
Sri Lanka said on Wednesday it had clinched a restructuring deal with India, China, and other nations, covering up to $10 billion in debt, a critical step towards recovery after a 2022 financial crash.
-
Ratings Agency Fitch Downgrades China Credit Outlook Over Debt Fears
Ratings agency Fitch said Wednesday it had downgraded China's sovereign credit outlook to negative, citing increased risks to the country's public finances, in a move Beijing swiftly called "regrettable".
-
Chinese Multimillionaire Kept His Wealth Secret From Son For 20 Years. Here's Why
Though he was aware of his father's famous brand, he was told that his family had gone into debt to keep the company running.
