a professor of finance at the University of Hong Kong, who predicted that the authorities would break up the company and sell its parts piecemeal. “They are under a lot of pressure to announce …
FINANCE
China’s global development projects pose risks for environment
China is shaping the future of economic development through its Belt and Road Initiative, a multibillion-dollar international push to better connect itself to the rest of the world through trade and …
Bank of America cuts China growth forecast under Evergrande shadow
Bank of America cut its China growth forecast on Tuesday in response to intensifying troubles at property giant Evergrande, a fresh COVID outbreak and a widespread regulatory squeeze, going beyond …
Power Discretes (IGBT + MOSFET): Global & China Market Forecasts to 2025
The “Global and China Power discrete (IGBT + MOSFET) Market Insight Report, 2021-2025” report has been added to ResearchAndMarkets.com’s offering. In 2020, the global market value of power discrete …
Commentary: Beijing determined to make an example of crisis-hit Evergrande
Chinese regulators are serious about reducing debt levels in the property sector and reining in a chronic oversupply of residential space, says the Financial Times’ James Kynge.
Evergrande default fears haunt investors as Beijing stands back
Concerns about the spillover risks of a messy collapse of what was once China’s top-selling property developer have roiled markets.
Bank of America Cuts China’s Growth Forecasts Up to 2023
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergThe Global Housing Market Is Broken, and It’s Dividing Entire CountriesMerkel’s …
China: Game of Finance – Tyranny of Acronyms
China’s use of financial acronyms began in 1980 and has since morphed into an all-out love affair that shows no sign of abating.
China’s Evergrande puts on a brave face. But will Beijing bail it out?
By Laura He, CNN Business Evergrande’s chairman promised his employees Tuesday that they will “walk out of the darkness” caused by the embattled Chinese conglomerate’s historic debt crisis. But what …
Bank of China issues special coins to commemorate 70 years of diplomatic ties
In order to commemorate the 70th anniversary of establishment of diplomatic relations between Pakistan and China, the People’s Bank of China has issued special commemorative coins to mark this …
China’s financial institutions report rising assets
Assets of China’s financial institutions totaled 371.26 trillion yuan (about US$57.56 trillion) by the end of the second quarter of this year, official data showed. The volume increased by 9.1% year …
Partners Financial says investors in China market should shift focus away from these markets
Ronald Wan of Partners Financial Holdings says Chinese investors should shift their focus away from internet and property markets, and invest in infrastructure play, building materials, raw materials …
China’s Evergrande crisis: Could it spill over to India? Fear of contagion across financial markets jumps
China’s Evergrande Group’s likely default on liabilities including interest payments and debt obligations has fuelled the fear of a contagion spreading across global financial markets.
