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Our millennial-focused articles on how to deal with debt, including credit card payments, banking, debt advice, debt support, creditors and money-saving.
- Over 200,000 farmers have killed themselves in the past 20 years, driven to despair by crop losses and debt
- The wives left behind are often sexually assaulted, and struggle to inherit their husband’s land – even while being saddled with his debt
S&P Global Ratings says Baoshang Bank may not pay in full the annual interest on its 6.5 billion yuan (US$1 billion) tier two capital bonds due on December 28.
S&P Global Ratings says Baoshang Bank may not pay in full the annual interest on its 6.5 billion yuan (US$1 billion) tier two capital bonds due on December 28.
“In China, only the financial companies and property developers are more profitable than the American firms, which is very unhealthy,” said China Galaxy Securities’ chief economist Liu Feng, who co-authored a new report.
“In China, only the financial companies and property developers are more profitable than the American firms, which is very unhealthy,” said China Galaxy Securities’ chief economist Liu Feng, who co-authored a new report.
China has deployed top financial officials to work as vice-governors in nearly half of the country’s debt-laden provinces amid signs of growing economic risk.
China has deployed top financial officials to work as vice-governors in nearly half of the country’s debt-laden provinces amid signs of growing economic risk.
Private companies in China’s third-largest regional economy could face more troubles amid a liquidity crunch long after a major bond default crisis in 2017, analysts say. The market’s appetite for riskier credit is also waning amid an economic slowdown, hurting refinancing outlook.
Private companies in China’s third-largest regional economy could face more troubles amid a liquidity crunch long after a major bond default crisis in 2017, analysts say. The market’s appetite for riskier credit is also waning amid an economic slowdown, hurting refinancing outlook.
A court in Wenzhou, Zhejiang province, says a local man only has to repay 1.5 per cent of his 2.14 million yuan (US$300,000) of debt to creditors.
A court in Wenzhou, Zhejiang province, says a local man only has to repay 1.5 per cent of his 2.14 million yuan (US$300,000) of debt to creditors.
These convenient loans can seem like an easy fix when you're short on cash. But are they the best solution?
These convenient loans can seem like an easy fix when you're short on cash. But are they the best solution?
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