Outstanding loans have risen sharply to 40% of GDP but analysts fear the end of the credit binge could trigger a crisis for the wider world
Chinese household debt has risen at an “alarming” pace as property values have soared, analysts have said, raising the risk that a real estate downturn could wreak havoc on the world’s second largest economy.
Loose credit and changing habits have rapidly transformed the country’s famously loan-averse consumers into enthusiastic borrowers.
Related: ‘This is just the start’: China’s passion for foreign property
Related: How Australian households became the most indebted in the world
Vasyl Lomachenko pounds Nicholas Walters into submission.
JULUKHAN, Iraq (Reuters) – Major General Najm al-Jubbouri, a top commander in the offensive against Islamic State in the Iraqi city of Mosul, peered through binoculars at flames after his men shot dead an Islamic State suicide bomber.
Darragh has a problem — Darragh’s manager treats Saturdays like weekdays and calls meetings on Saturdays that Darragh is expected to attend. What would you in Darragh’s situation?
In Miami’s burgeoning downtown, two new restaurants are definitely worth a stop.
Everything was going perfectly in Will’s hiring process. They even told Will he was perfect for the job — but then they re-posted the job ad! What does it mean? What should Will do now?
Stowe Mountain Lodge, a member of Destination Hotels, is an alpine-style lodge featuring 312 rooms and suites. (Photo credit: Stowe Mountain Lodge) When I was invited to stay at the Stowe Mountain Lodge in Stowe, Vermont, I didn’t – as I typically do with other hotels – have to vet it […]
Is it possible that all of the emphasis on “newer” marketing—coping with big data, social media, digital, and sophisticated analytics—is preventing marketers from getting the basics right? To explore this topic further, I talked with Shreesha Ramdas, the CEO of Strikedeck, a Customer Success Automation startup based out of the Silicon Valley.