Rankings reflect politics and implicit government backing for state-owned companies
Archive for category: Financial Times
Revelation that Huachen borrowed $5.1bn could prompt concerns over credit system
Contraction of 7.5% in three months to September follows record fall the previous quarter
Country’s economic recovery and higher interest rates lure investors into currency
Incidents shake investors’ faith that local governments will always bail out state-owned borrowers
Governments and companies took on $15tn more borrowing in first nine months of 2020, says IIF
Beijing says country is a ‘safe harbour’ after its rapid recovery from the pandemic
Default of two industrial groups triggers plunge in prices of corporate debt
Resignation of president’s son-in-law from government followed months of mounting challenges
Governments’ ability to fund debts through growth faces deep uncertainty