China"s Effort to Control Debt Loses Steam

BEIJING (Reuters) - China reported weaker-than-expected investment and retail sales in April and a drop in home sales, clouding its economic outlook even as policymakers try to navigate debt risks and defuse a heated trade row with the United States......»»

Authored by Alex Deluce via GoldTelegraph.com, China has developed a craving for consumer goods, the more luxurious, the better. Along with most other countries, China’s credit boom and spending spree are being followed by out-of-cont.....»»

Genworth"s Acquirer (China Oceanwide) Looks To Be Drowning In An Ocean Of Debt.....»»

Wall Street stock futures and Asian shares lost steam on Wednesday after Democrats won control of the U.S. House of Representatives, boosting the party's ability to block President Donald Trump's political and economic agenda......»»

Bei.....»»

Via PopSci.com, The most ambitious project of mass control is the country's “social credit” system. All Chinese citizens will receive a numerical score reflecting th.....»»

President Xi Jinping has promised tax cuts and other help to Chinese entrepreneurs in a renewed effort to revive growth in the country's cooling, state-dominated economy......»»

Pakistan's Prime Minister Imran Khan is preparing to meet with China's President Xi Jinping amid growing concerns over Pakistan's growing fiscal crisis and its ability to repay Chinese loans......»»

China has been lending billions to low-income countries, but almost no one knows how much debt is on the books of emerging-market countries, writes Carmen Reinhart......»»

Authored by James Rickards via T.....»»

After both trading up more than 1% early Monday the Dow has given back more than half its gains while the Nasdaq has slipped into the red......»»

The Delicate Act Of Managing China"s Debt Load.....»»

The Communist Party's simmering antipathy toward Secretary of State Mike Pompeo - which was on full display earlier this month during an unprecedented public confrontation between Pompeo and his Chinese counterpart during a meeting in Beijing .....»»

Since President Trump threatened to close the Southern border .....»»

Since President Trump threatened to close the Southern border due to Honduras' unwillingness to comply with his requests for assistance in stopping a migrant caravan marching toward the US, the migrants have successfully crossed into Mexico and on Sund.....»»

With China tightening control on cryptocurrencies and having shut down trading of Bitcoin at the end of September, cryptocurrency mining is dissipating quickly in the country, according to a Chinese-language Commercial Times report......»»

On Monday the City Council will hold a hearing on a bill to impose commercial rent control in the city by requiring binding arbitration in rent disputes in an effort to help small retailers. Before... To view the full story, click the title link......»»

Authored by Chris Hamilton via Econimica blog, Debt is money spent in the present and an obligation to be repaid in the future.  Given this, I thought I'd contrast China's population of young versus their obligation to be repaid in the future. The .....»»

China's economic growth cooled to its weakest quarterly pace since the global financial crisis, with regulators moving quickly to calm nervous investors as a years-long campaign to tackle debt risks and the trade war with the United States began to bite......»»

China’s economic expansion slowed to its weakest pace since the financial crisis, as top financial regulators launched an extraordinary coordinated effort to calm jittery investors......»»