China’s Belt and Road Initiative (BRI) has left several lower- and middle-income nations with crushing ‘hidden debts’ (undisclosed liabilities), totalling $385 billion, according to a latest report.
Monthly Archives For October 2021
What every banker needs to know about China
Very quietly, China has shifted gears. It is reducing its holding of U.S. government debt and focusing on other trade partners. A business partner with international expertise can help you and your …
Spain to Negotiate With China’s Great Wall Motor to Take Over Nissan Plant
BARCELONA (Reuters) -Spanish authorities and Nissan will enter talks with China’s Great Wall Motor over a possible takeover of the Japanese carmaker’s plant in Barcelona, which is due to shut in …
China’s Evergrande crisis has far-reaching implications
The problems confronting Evergrande, which has failed to meet interest payments on dollar-denominated loans, extend throughout the property sector and into the wider economy.
China Reinsurance issues first catastrophe bond in Hong Kong to cover future typhoon damage in bay area
State-owned China Reinsurance issued the US$30 million bond in Hong Kong to pay for future typhoon damage in the Greater Bay Area, potentially paving the way for the city to be a hub for natural…
Vietnam says companies not reporting shortages due to China power crunch
Vietnam said on Friday companies had not so far reported problems obtaining raw materials or other inputs amid a prolonged energy crunch in neighbouring China, which supplies materials and equipment …
What OYO’s IPO Filing Reveals About Its Business
India’s third-most valued startup plans to raise Rs 7,000 crore by issuing new shares, along with an offer-for-sale of up to Rs 1,430 crore by existing investors, OYO’s draft red herring prospectus …
Russia doubles electricity exports to China to help ease power crunch
Russia’s electricity exports monopoly Inter RAO said on Friday that it would double its October supplies to China after a request from the world’s No.2 economy as it grapples with power cuts.China is …
7 Cryptos That Are on Red Alert As China’s Ban Shifts the Paradigm
InvestorPlace – Stock Market News, Stock Advice & Trading Tips Over the last several days, the biggest ripple in the cryptocurrency sphere …
China Has Set Out To Crush Crypto…Again
The People’s Bank of China, the country’s central bank, has announced that all transactions of crypto-currencies are illegal, effectively banning digital coins.
Economic Watch: Pressure and perseverance: China’s economy maintains resilience
The Chinese economy is facing multiple challenges including high commodity prices and sporadic COVID-19 cases, with the latest data pointing to slowing consumption growth and contracting factory …
China administered total of 2.21 billion doses of COVID-19 vaccines as of Sept. 30
China has administered a total of 2.21 billion doses of COVID-19 vaccines as of Sept. data from the National Health Commission showed on Friday.
China likens US hunt for Covid-19 origins to ‘lies’ over WMDs in Iraq, slams new World Health Organization probe
The US has ‘threatened and lured’ the WHO, the People’s Daily claims, casting doubts over the impartiality of a new advisory panel set to probe novel pathogens.
ADVERTISEMENT
