Statsguru: Total private debt soars in China, remains stable in India

Globally, the total private wealth held worldwide amounts to around $215 trillion.....»»

Just hours after we warned that it was time to start worrying about China's debt default avalanche, and shortly after the PBOC lowered.....»»

The Chinese government is tightening the noose on debt defaulters, imposing stringent penalties that include restrictions on high-speed rail travel and luxury accommodations. This move is part of a broader crackdown on unpaid bills. read more.....»»

India's Reliance Industries Ltd said on Monday private equity firm Silver Lake will invest nearly $750 million in its digital arm, days after securing a $5.7 billion investment from Facebook Inc , boosting its efforts to cut debt......»»

While a number of Chinese handset vendors have launched new smartphone models recently, it remains to be seen if these brands could maintain their stable production after April, according to sources from Taiwan's handset supply makers......»»

The coronavirus rampage continues in China, with reports of the total infected topping over 75,000 with 2,236 deaths. The nation also adjusted the number of cases for the third time this month. Hubei’s health commission rev.....»»

China on Wednesday reported another drop in the number of new cases of a viral infection and 97 more deaths, pushing the total dead past 1,100 even as the country remains largely closed down to prevent the spread of the disease......»»

As Africa Drowns In Debt To China, IMF Sounds The Alarm With China's total debt most .....»»

Tapping factories in Brazil and India has not lessened Apple's dependence on China, the company's supply chain data shows, raising the stakes for the iPhone maker as U.S. President Donald Trump wages a trade war and promises more tariffs......»»

Asian markets were mixed in early trading Friday after encouraging economic news from Japan and China......»»

Asian markets gained in early trading Friday after encouraging economic news from Japan and China......»»

A day after market rout, Chinese authorities said they would sell yuan-denominated debt in Hong Kong, a move seen as propping up the currency......»»

Ever since Beijing allowed private Chinese companies (even certain state-owned enterprises) to officially fail for the first time in 2016, and file for bankruptcy to restructure their unsustainable debt loads, it's been a one-way stre.....»»

Jet Airways, once India's largest private airline, is over a billion dollars in debt and has not paid its pilots and employees in weeks. It has also decided to pull its planes from the skies. Jayson Albano reports......»»

When it comes to estimating China's total outstandi.....»»

India Infrastructure Finance Co Ltd has claims of about Rs 9 bn, or 10.57%, of Jaypee's total debt.....»»

Surging private-sector debt, particularly in China, is driving the build-up.....»»

Following several months of speculations, the OnePlus 6 was finally announced on Wednesday.  The latest handset is a total visual overhaul compared to .....»»

The two large democracies in the Indo-Pacific are growing closer as authoritarian China grows more menacing and America's future posture towards Asia remains uncertain.....»»

U.S. stocks close higher Tuesday as investors continued to brush aside anxiety over the trade war between the U.S. and China and instead focus on positive corporate earnings......»»