China’s construction sector reported the longest payment delays in 2022, even as Beijing eased restrictions on financing for the sector following a years-long crackdown, Coface report says.
The world’s debt nearly set a record high in the first quarter of 2023, with sharp increases in mature markets such as the US, according to the Institute of International Finance.
Inflows into China’s yuan-denominated equities in March stood at US$7.2 billion, up from a rise of US$3.3 billion in February, according to the Institute of International Finance (IIF).
China has ramped up bailouts to countries struggling to repay their debts from infrastructure projects under the Belt and Road Initiative, researchers found.