Liaquat Ahamed, whose “Lords of Finance” redefined the Great Depression, says America’s debt crisis has a clear historical precedent.

China's NDRC is pushing local government financing vehicles away from short-term and high-yield offshore bonds to reduce ...

BEIJING (Reuters) - China's fiscal policy has ample room, the government's debt ratio remains "reasonable" and risks are controllable, finance minister Lan Foan said on Friday, pledging a more ...

China is gradually establishing itself as a major player in what has recently been called the Global South, previously known as the Non-Aligned Movement. Over the last few decades, China has become ...

Bloomberg recently reported that Beijing is preparing to mobilize over 1 trillion yuan in loans from state-owned and policy banks to help local governments clear overdue payments to private ...

Chinese authorities are discouraging firms from raising money offshore at higher yields, in the latest step to clamp down on risks among municipal borrowers shouldering more than $100 billion of ...