virtualreview

china: news and opinion

Bad debt below 1 percent in China soon?

After the credit emission in China during the first half, international investors are concerned that bad debt will pile up after three years. Bankers in China are certainly a lot more optimistic. ...full story at Countdown to Beijing

from Countdown to Beijing on Wed, Sep 09 2009

see also:

07 Nov 08 visit Smart Pay promotional CF  »  YouTube videoPromotional CF by The Bankers Association of the Republic of China (BAROC), to promote debit card usage, as credit card debt spreads.
08 Oct 08 visit China foreign debt rises to $427 bln through June  »  People's Daily China's outstanding foreign debt was at 427.43 billion U.S. dollars through June, 14.4 percent higher than the second half of 2007, the State Administration of Foreign Exchange said on Tuesday. The figure excluded the foreign debt of Hong Kong,...
16 Sep 09 visit China's credit card debt continues to grow: central bank  »  People's Daily Credit card debt in China at least six months overdue rose 131.3 percent year on year in the second quarter of 2009 to 5.77 billion yuan (845.24 million U.S. dollars), the People's Bank of China, the central bank, said Wednesday. Debts overdue by...
19 Nov 08 visit China becomes largest holder of U.S. government debt  »  People's Daily By the end of September, China held US $585 billion of U.S. government debt and replaced Japan to become the largest holder of US government debt, according to the latest Treasury International Capital (TIC) report released by the US Department of...
25 Jun 09 visit U.S. national debt, China is not the issue  »  Blogging For China As of today, the U.S. national debt is $11+ trillion.  When the U.S. media talk about this debt within the context of U.S.-China relations, they usually talk about trade imbalance, currency manipulation, and anxiety over whether China is going to dump h...
01 Jul 09 visit China's external debt falls 10% in Q1  »  People's Daily China's outstanding external debt reached 336.72 billion U.S. dollars by the end of March, down 10.13 percent from the end of last year, the State Administration of Foreign Exchange (SAFE) said Wednesday. Long and medium-term external debt, which...

« Today's Stories