Ping An Insurance Group Co of China said it has a total exposure of 54 billion yuan ($8.4 billion) in indebted China Fortune Land Development Co.
( read original story …)
ADVERTISEMENT
Categories
Beijing
22°
overcast clouds
humidity: 21%
wind: 1m/s SW
H 22 • L 20
Weather from OpenWeatherMap
Recent Posts
- Fitch cuts outlook for Chinese state banks from stable to negative citing Beijing’s limited capacity to support them 17/04/2024
- Western Governments Press Beijing to Use Its Influence With Russia, Iran 17/04/2024
- Ex-TikTok employees claim they were ordered to routinely send American user data to Beijing – as company battles all-out ban in the US 17/04/2024
- Beijing Capital Airlines Adds To China-Australia Growth 17/04/2024
- Beijing woman sues clinic after animal-derived material found in breast implants 16/04/2024
- China advances financial services for manufacturing industry 16/04/2024
- China’s economy grows 5.3% in first quarter, surpassing expectations 16/04/2024
- US official says IPR infringement still main concern in China 16/04/2024
- US envoy to UN urges Russia, China to halt support for North Korea’s weapon programs 16/04/2024
- China’s Dongfeng Mulls Making 100,000 Cars a Year in Italy 16/04/2024
- China’s top diplomat talks with Iranian, Saudi counterparts, highlighting ‘Beijing’s commitment in de-escalating Iran-Israel tension’ 16/04/2024
- US Ally Reveals Threshold for Triggering Article 5 Against China 16/04/2024