The local unit of China’s third-largest lender is teaming up with developers to reward homebuyers for choosing residential projects with green credentials.
FINANCE
As China Sees Lehman Moment, Bitcoin Is A Godsend
The collapse of Evergrande and Chinese real estate developers underscores the promise of bitcoin, an asset disconnected from the global system.
Asia Stocks Set for Muted Open With Focus on China: Markets Wrap
Asian stocks look set for a steady initial start Wednesday as traders evaluate the debt crisis at China Evergrande Group and gird for a Federal Reserve meeting that is expected to telegraph a …
China letting Evergrande default would be ‘a no-go,’ expert explains
As concerns about Chinese property giant Evergrande defaulting on its debt continue, one expert says that Chinese authorities are unlikely to bail out the company.
Evergrande’s debt problems show a fragility in China’s financial markets: analyst
Eurasia Group Analyst Nicholas Consonery joins Yahoo Finance Live to discuss Evergrande and President Biden’s speech to the UN.
Undermining institutions, underwriting OBOR: Beijing and the crisis of global governance
All good things must come to an end, and so must illusions of the promised common future. A fundamental assumption long held.
Beijing speeds up building digital trade demonstration zone
In recent years, Beijing has ramped up efforts to build a digital trade demonstration zone, attracting an array of major projects. These include Beijing International Big Data Exchange, China Beijing …
The U.S. Is Losing the Global Race to Decide the Future of Money—and It Could Doom the Almighty Dollar
In fact, an upcoming Federal Reserve paper on a potential U.S. digital currency won’t take a position on whether the central bank of the United States will, or even should, create one. Instead, …
Default by China Evergrande unlikely to spark malaise that threatens China’s financial system, analysts say
An expected default by China Evergrande, the world’s most indebted developer, is worrisome but unlikely to threaten the stability of China’s financial system, according to research analysts.
China’s Evergrande crisis: A global financial crisis in the making
It can be the biggest test of China’s financial system and on the checks and balances that are applied in world’s economic powerhouse. The Evergrande crisis is snowballing into a contagion that can …
Explained: What Is China’s Evergrande Crisis? How Could It Affect Global Markets?
Global stock markets have seen large descends amid fears of Evergrande defaulting. Amid all this, let’s look at what is CHina’s Evergrande crisis.
China’s Evergrande is probably ‘too big to fail’: Market strategist
The thought of a Lehman Brothers-esque collapse in China sent U.S. investors running for the exits Monday. The Dow Jones Industrial Average (^DJI) sank 614 points, while the S&P 500 (^GSPC) fell 75 …
China is financing infrastructure projects around the world, and many could harm nature and Indigenous communities
China is shaping the future of economic development through its Belt and Road Initiative, an ambitious multi-billion-dollar international push to better connect itself to the rest of the world through …
