Government debt

China’s solar, EV surplus could be dumped on global markets

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U.S. Treasury Secretary Janet Yellen testifies during a hearing before the Financial Services and General Government Subcommittee of the House Appropriations Committee at Rayburn House Office Building on Capitol Hill on March 21, 2024 in Washington, DC.  Alex Wong | Getty Images Treasury Secretary Janet Yellen on Wednesday warned that China is treating the global … Read more

Banking group IIF sounds the alarm on record global debt

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BEIJNG, CHINA – NOVEMBER 13: Illuminated skyscrapers stand at the central business district at sunset on November 13, 2023 in Beijing, China. (Photo by Gao Zehong/VCG via Getty Images) Vcg | Visual China Group | Getty Images The chief executive of the Institute of International Finance warned Tuesday that policymakers need to swiftly address record … Read more