Chinese debt

China third quarter GDP 2016
China Underground > Chinese debt

China third quarter GDP 2016 grows 6.7 percent as expected as construction booms, debt rises

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China third quarter GDP 2016: BEIJING (Reuters) – China’s economy expanded at a steady 6.7 percent in the third quarter and looks set to hit Beijing’s full-year target, fuelled by stronger government spending, record bank lending and a red-hot property market that are adding to its growing pile of debt.

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Buildings are seen at the Yujiapu financial centre, in Tianjin
China Underground > Chinese debt

Road to stagnation? China Inc gets a break from lenders

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HONG KONG (Reuters) – Profits at roughly a quarter of Chinese companies in a Reuters analysis were too low in the first half of this year to cover their debt servicing obligations, as earnings languish and loan burdens increase.

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Woman walks past the headquarters of the PBOC in Beijing
China Underground > Chinese debt

China’s state planner drops call for monetary easing from statement

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BEIJING (Reuters) – A research office at China’s top economic planner on Wednesday called for the central bank to cut interest rates and bank reserve requirements, but later removed the remarks in an updated statement posted on its website.

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China bets on duty-free paradise to keep luxury spenders at home
China Underground > Chinese debt

China investment slows to 15-year low, more stimulus seen despite debt fears

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BEIJING (Reuters) – Growth in China’s fixed-asset investment slipped below 10 percent for the first time since 2000 in January-May as a boost from record credit growth seemed to be quickly fading, putting expectations of further stimulus back on the table.

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