The sheer scope of debt levels in China are leading to fears that the country could be teetering on the edge of a crisis.
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Beijing’s blockade of U.S. credit card companies may finally end — now that Chinese companies dominateAmerican Express won approval to set up a network, but rivals China UnionPay, Alipay and WeChat Pay have gobbled up the market.
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The largest beer company in the world upgraded at RBC after debt refinancingInvestors should buy shares of beer giant AB InBev —the largest beer company in the world — as a recent refinancing will lighten the burden from the company's massive debt load, an analyst at RBC Capital Markets said Tuesday.
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Guggenheim's Scott Minerd warns about high debt levels in media and telecom companiesGuggenheim's Minerd believes the media and telecommunications industry could start to feel financial pain between rising rates and debt.
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Global Debt of $244 Trillion Nears Record Despite Faster GrowthThe global debt-to-GDP ratio exceeded 318 percent in the third quarter of last year, despite a stronger pace of economic growth, according to a report by the Washington-based IIF released on Tuesday. With interest rates rising globally, the International Monetary Fund has warned governments to rein
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'Civilization is in crisis': Experts create diet to protect our health and planetAround 1 billion people currently go hungry, but about 2 billion people are overeating, The Lancet commission showed.
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Port operating giant DP World slams Chinese companies' 'predatory practices'China's rapidly expanding footprint in developing countries around the world is facing mounting scrutiny, even as states across Asia and Africa compete for Chinese investment dollars.
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