How to get out of debt – My Business

Getting out of debt fast can feel like a far-fetched dream when faced with mounting debts. But debt is a reality in business; becoming debt-free is only possible after understanding how to manage debts. Read on for more tips. Business owners must understand that debt is unavoidable in running any type of business. The following…

China’s ghost cities and their multibillion-dollar debt are raising concerns – The Australian Financial Review

by Dinny McMahon When Zhang Jingqiang became mayor of Tieling in 2005, it was the poorest city in Liaoning Province. A greying, former Ming-dynasty garrison town of about 440,000 people in the country’s frigid north-east, it was part of China’s rust belt, but large-scale industrialisation had long ago bypassed the city. Zhang wasn’t a high-flyer.…