Securitization provides growing debt fun...

BEIJING, March 27 (Xinhua) -- China's securitization market is providing an increasing share of debt funding for the Chinese economy, according to a report released by global credit rating agency Moo

Germany reduces public debt by 53 bln eu...

BERLIN, March 26 (Xinhua) -- At the end of the fourth quarter of 2018, Germany's public debt was 53 billion euros (60 billion U.S. dollars) less than in the same period in 2017, representing a decrea

S.Korea's household debt growth slows on...

SEOUL, March 13 (Xinhua) -- South Korea's household debt growth slowed last month as the government's measures to control speculative investment in the real estate market lowered housing transactions

Zambia's external debt up, finmin says e...

LUSAKA, March 12 (Xinhua) -- Zambia's foreign debt rose to 10.5 billion U.S. dollars at the end of December 2018 from 8.74 billion dollars at the end of 2017, said Finance Minister Margaret Mwanakatw

News Analysis: Philippines not to be bur...

MANILA, March 8 (Xinhua) -- The Philippines will not be burdened by its debt to China as the Duterte government is trying to raise funds to finance local infrastructure modernization projects, said P

B&R Initiative is not "debt trap" but "e...

The Belt and Road Initiative is not a "debt trap" that some countries may fall into but an "economic pie" that benefits local population, Chinese State Councilor and Foreign Minister Wang Yi said Fr

S.Korean bank's bad debt ratio stays bel...

SEOUL, March 7 (Xinhua) -- South Korean bank's bad debt ratio stayed below one percent for two straight quarters amid still low borrowing costs, financial watchdog data showed Thursday. Delinquent ba

China prevents emergence of new local go...

"The current risk on local government debt is generally controllable and no new local government hidden debt is allowed," Liu Kun, China's minister of finance told a press conference on the sidelines

Risk of China's local govt debt controll...

BEIJING, March 7 (Xinhua) -- The Ministry of Finance said Thursday that risks of China's local government debts are controllable and measures are being taken to prevent any increase in hidden debts.

Why China won't have a debt crisis

Concerns about China's debt have been overblown. The country's debt pile has grown rapidly since the global financial crisis, but its current levels have stabilized. It also pays to look a bit deeper