Covid-19 has exposed the vulnerabilities of Cambodia's microfinance system. Millions are at risk of losing land and homes put up as collateral.
The debate about China’s growth slowdown since 2010 continues to rage. Some think that the drop in China’s growth rate is cyclical. Others believe that trend growth has shifted down a gear.
Once a widely held and an extremely desirable asset in the global economy, American debt is no longer the most desirable thing in the world.
For years, China's government and banks have backed unprofitable businesses for fear of mass unemployment. Now is the time to start feeling the pain before it becomes unbearable, argues He Fan.