china debt crisis | The Epoch Times

Commentary The China debt crisis led by the real estate bubble burst will be unprecedented. Even a single major developer could have a trillion yuan (US$145 billion) debt; the overall ...

July 28, 2022BY Law Ka-chung

Debt Crisis Looms as China’s Housing Market Continues to Slump

The deepening debt crisis at Chinese developers like Evergrande Group, along with Beijing's efforts to rein in property speculation, ...

January 23, 2022BY Fran Wang

Evergrande’s Major Shareholder Projects Over $1 Billion Loss

Chinese Estates Holdings, the second-biggest shareholder of Evergrande, projected a loss of over $1 billion this year after ...

September 24, 2021BY Fran Wang

China Faces Debt Crisis as More State-owned Enterprises Default on Loans

News Analysis The debt crisis of China’s state-owned enterprises (SOEs) has been deepening since 2020. Beijing has recently ...

April 20, 2021BY Jennifer Zeng and Kate Jiang

China’s 2020 Crisis: $283 Billion of Maturing Local Debt

News Analysis China will face another potential financial crisis in 2020 when local governments must pay-off over $283 ...

November 4, 2019BY Chriss Street