A high-profile debt default in China has fuelled concerns over an obscure financial instrument that is growing in popularity among debt-laden companies and which could shock send waves through the …
( read original story …)
Home FINANCE China economy faces threat from obscure financial tool that could trigger domino effect of defaults
Categories
Beijing
22°
overcast clouds
humidity: 21%
wind: 1m/s SW
H 22 • L 20
Weather from OpenWeatherMap
Recent Posts
- HKMA Welcomes Pilot Launch of Shenzhen-Hong Kong Cross-Boundary Data Validation Platform 09/05/2024
- A US ally is forging ties with China’s air force but probably won’t get its J-20 stealth fighter 09/05/2024
- An escalating cold war between US and China would be a blow to global growth, IMF official says 09/05/2024
- China could ‘overwhelm’ US military bases as Biden shows ‘alarming lack of urgency’: House committee chair 09/05/2024
- Young Chinese crossover brand Jetour makes quick foray into global market 09/05/2024
- China’s Xi arrives in Hungary for talks on expanding Chinese investments 09/05/2024
- Scientists identify contributions of vertical atmospheric measurements and simulations during haze pollution in Beijing 09/05/2024
- China pours USD166M into urban renewal projects to stimulate economy 09/05/2024
- Taiwan’s export dependence on China drops to 22-year low 09/05/2024
- China sovereign wealth fund targets Japan’s lesser-known brands 09/05/2024
- China is in the middle of its own retirement crisis as many older people cannot afford to stop working 09/05/2024
- South China Sea: Philippines fears Beijing’s floating nuclear plants could further militarise disputed waterway 09/05/2024