Since debt-to-equity swaps were re-launched by China in 2016 as a way to reduce corporate financial leverage, they have become a popular tool for banks to deal with state firms’ debt burdens in … (…
Monthly Archives For August 2019
China hopes U.S. will come back to the negotiating table at Chile climate talks
“To have that financial support in place is very important and that’s the objective we would like to achieve.” China is a key investor in Chilean renewable energy projects and manufactured half of the ……
Trump says he had to ‘take China on,’ regardless of short-term impact on U.S. economy
“China has been ripping this country off for … that the trade war could trigger a possible U.S. recession weighed on financial markets last week and seemed to put administration officials … ( read original…
China’s Property Slowdown Rocks Turkish Marble Exports
Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Weaker Chinese demand for marble, used to bring a touch of opulence to hotels, offices and high-end…
China home buyers wait for better deals as developers see big drop in contracted sales in July amid economic slowdown
A further decline (of sales) in the coming months will be seen,” said Yan Yuejin, research director at Shanghai-based property services company E-House China R&D Institute. China’s July home prices … ( read original story…
China’s property developer Vanke net profit surges 29.8% in H1
China Vanke Co Ltd, a leading property developer, recorded net profit growth of 29.8 percent in the first half-year, despite a slowdown in the real estate market. The company’s net profits … ( read original…
China Wants Philippines to Stop All Online Gaming
most of them from China. Revenue from the offshore gaming industry is projected to touch 9 billion pesos ($172 million) this year, according to the Philippines gaming regulator. The online casinos … ( read original…
Modest gains in China’s new home prices give authorities breathing room
BEIJING (Reuters) – China’s new home prices rose in July as the property sector held up as one of the few bright spots in the slowing economy, although easing momentum in some markets took immediate…
US accusation of China IP theft unfounded
As a developing country, China has made rapid progress in intellectual property rights (IPR) protection and is highly praised by the international community in this respect. Francis Gurry, Director … ( read original story …)
China trims lending rates with new benchmark, more cuts expected
analysts say China’s central bank has been reluctant to cut interest rates system-wide due to fears of adding to a mountain of debt and fueling property bubbles. It last cut the one-year lending … (…
China trims lending rates with new benchmark, more rate cuts expected
China lowered its new lending reference rate slightly on Tuesday … to cut interest rates system-wide due to fears of a further surge in debt and possible property bubbles. It last cut the one-year ……
Rust-belt China looks abroad as economy slows, tariffs bite
Announced in 2012, the Belt and Road Initiative is helping to boost demand from developing countries at a time when China’s economy is slowing and exporters face U.S. tariff hikes in a war over trade…
China to intensify robotics upgrade
CHINA will step up efforts to achieve breakthroughs in crucial … Miao Wei, minister of industry and information technology, said the global robotics sector has seen slower growth this year due to … ( read…