China has extended debt relief to developing countries worth a combined $2.1 billion under the G20 framework, the highest among G20 members in terms of deferral amount, the country’s Finance Minister … ( read original…
Featured Posts Title
Russia, China, France block UN push for force to reopen Hormuz Strait
China Built the World’s Drone Industry. Now It’s Locking Down the Skies.
Rubio accuses China of ‘bullying’ for holding up Panama-flagged ships after canal clash
Beijing speaks out against Israel death penalty law
What Beijing Is Learning From Operation Epic Fury
China warning for Donald Trump: Beijing unleashes dragon tactics against U.S. capitalizing Iran war
Coronavirus in kolkata
Recent Posts
China has given $2.1 bln of debt relief to poor countries – finance minister
Beijing, Hong Kong boost cooperation
Hong Kong leaders and Beijing municipal officials set their sights on Thursday on high-end service and the innovation and technology industry for closer cooperation between the two cities to enhance … ( read original story…
Families receive letters from Hong Kong detainees in China, but doubt the contents
The letters, which paint a rosy picture of life in Chinese detention, are the first apparent contact from the group detained while fleeing Hong Kong. ( read original story …)
Why China could snarl global debt relief
Over the past three months, the world of sovereign debt restructuring has Zoom-called and document-shuffled its way to a new “common framework” for debt restructuring beyond the temporary global … ( read original story …)
China’s economic recovery jeopardises Xi’s climate pledge
China’s reliance on coal-powered industry to propel its economic recovery threatens to undermine President Xi Jinping’s goal of reaching net zero carbon dioxide emissions by 2060, new research showed. ( read original story …)
Next China: Debt Gets Painful Again
After a Covid-induced interlude, tackling China’s debt problem now appears to be back on Beijing’s agenda. In the past two weeks, three state-owned firms have defaulted on bonds. One was a coal miner … (…
China says has given $2.1 bln of debt relief to poor countries
China has extended debt relief to developing countries worth a combined $2.1 billion under the G20 framework, the highest among the group’s members in terms of the amount deferred, the country’s … ( read original…
China Has Given $2.1 Billion of Debt Relief to Poor Countries: Finance Minister
China has extended debt relief to developing countries worth a combined $2.1 billion under the G20 framework, the highest among G20 members in terms of deferral amount, the country’s Finance Minister … ( read original…
China’s regulators put up a fence around risks as technology’s surging influence threatens to overshadow finance in fintech
New fintech rules on online micro lending could force China’s internet giants to rethink their business practices on co-lending, analysts said. ( read original story …)
How a ‘vast ocean of goodwill’ between China and Australia turned sour
Earlier this year, amid growing global anger over China’s initial handling of the coronavirus pandemic, Australia was among the first countries to call for an official investigation into the virus’ … ( read original story…
China keeps lending benchmark loan prime rate steady for 7th straight month as expected
Most new and outstanding loans are based on the LPR, while the five-year rate influences the pricing of mortgages. ( read original story …)
Coronavirus live news: China has given 1m people Sinopharm vaccine; US CDC warns against Thanksgiving travel
CEO of state-owned Sinopharm says there have been ‘no adverse effects’; US has recorded 1m cases in past week; Russia and Japan on ‘maximum alert’ … ( read original story …)
U.S. Firms Turn Upbeat on China After Biden Win, AmCham Says
Just over half of American companies are more optimistic about doing business in China on expectations of better trade relations with the U.S. under a Biden administration, according to a survey from … ( read…
ADVERTISEMENT
