debt

Audit finds China’s local government debt soaring BEIJING — China’s local government debt has soared 70 percent over the past three years, according to… The Roman Catholic Church’s long-term debt: Will Beijing come to the rescue? The Communist Chinese Catholic Patriotic Association (CCPA) is the powerful Chinese government… Beijing urged to reform debt market Gong, a vice-chairman of China investment banking at JP Morgan, made his reputation partly thanks to successfully predicting… China’s Wen calls for action on Europe debt BEIJING — Expressing alarm at Europe’s debt problems, Chinese Premier Wen Jiabao called on Greece, Spain… China confident about recovery in EU debt crisis The statement comes only weeks after Beijing announced it will contribute $ 43 billion to the…