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Xinyi Wu

Xinyi Wu

Beijing
Reporter, Political Economy
Xinyi joined the Post in 2024, starting out in Hong Kong. She previously reported on business news in Singapore and taught writing at a university in Shanghai. She graduated with a degree in anthropology from Yale-NUS College.
Xinyi joined the Post in 2024, starting out in Hong Kong. She previously reported on business news in Singapore and taught writing at a university in Shanghai. She graduated with a degree in anthropology from Yale-NUS College.
Areas of Expertise:
China economy
Languages Spoken:
English, Mandarin

US$365 trillion and counting: the world’s total debt hits record high, IIF finds

Debt climbs US$10 trillion in six months as fiscal strains deepen, exposing cracks in household and corporate balance sheets.

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German chamber notes how some members see ‘golden window to partner up’ with Chinese companies as competition, trade tensions and possible EU measures raise risks.

Inventories of the metal are diverging across major exchanges as AI infrastructure build-up spurs demand and potential trade restrictions keep prices elevated.

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Washington’s new measures seen testing a recent bilateral detente with Beijing, and room for escalation remains, threatening trade, payments and supply chains.

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After Canada stood firm in negotiations, analysts say that Washington failed to gain ‘veto’ on Ottawa’s trade with other countries.

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Analysts warn that high spending, rising interest costs and tax cuts could impede Washington’s efforts to ‘grow our way out of’ record-high national debt.

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