China’s Wang vows to uphold trade deal during Biden administration: U.S. business group

Chinese Foreign Minister Wang Yi assured U.S. executives during a videoconference on Sunday that Beijing remained committed to the Phase 1 trade deal with the United States, the head of the US-China Business Council said. “He definitely re-committed. On the Chinese side, it’s all systems go. They will fulfill their commitments,” US-China Business Council President […]

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Analysis: ‘Bond vigilantes’ relaxed on record-high debt as central banks rule

An explosion in crisis borrowing around the world has not yet given so-called “bond vigilantes” sleepless nights or spurred them to pick fights with all-powerful central banks. Global indebtedness, as predicted by the Institute of International Finance, is set to reach $277 trillion by year-end — encompassing public, corporate and household debt, that figure has […]

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