China wants to show it can manage financial crises prudently without damaging fundamental trust in its governance or markets, says S&P Global.
One bank is said to be making provisions for non-payment of loan while others prepare to roll over some of their near-term debt obligations
Investors in China Evergrande Group bonds face a moment of truth on Thursday when interest payments totaling $119.5 million come...
Evergrande's financial woes have potentially destabilising consequences for the banking and financial system that may reverberate through the economy.
China's grossly indebted property developer has reportedly won a reprieve with at least one creditor agreeing to extend payment deadlines for its bonds
Goldman says risks are confined mostly to lower-rated property developers rather than the broader credit market.
Country’s largest privately owned developer pledges to toe the line amid concern that its failure could overload the banking system and broader economy
Colombo forced to act with its currency reserves drastically low, bonds under fire and even talk of a default mentioned