Ecuador has reached an agreement to restructure its debt with Chinese banks, the government said in a statement on Monday, providing debt relief worth some $1.4 billion until 2025.
Recent Posts
China’s Reluctance to Deliver More Stimulus Puts Burden on US, World Bank President Says
China’s unwillingness to deliver more stimulus during the current international slowdown is putting more pressure on the US to support international growth, World Bank President David Malpass …
CX Daily: The Double Squeeze on China’s ‘Sandwich Generation’
The double squeeze on China’s ‘sandwich generation’ Yin Fan is a single mom in her late 30s. When she was pregnant with her daughter, her …
China EV maker Leapmotor launches up to $1B Hong Kong IPO
HONG KONG -Chinese electric vehicle maker Zhejiang Leapmotor Technology is aiming to raise $1.03 billion in a Hong Kong initial public offering, according to regulatory filings, that would be the …
Villars file IPO application for P3.2-B power/infra REIT
(PAVI) and its subsidiaries, in an IPO tentatively scheduled for this November. The deal is composed of up to 1.4 billion secondary common shares, plus an over-allotment option of 210 million shares, …
China EV Maker Leapmotor Launches up to $1 Billion Hong Kong IPO
The company is selling 130.82 million shares in the deal that will be the largest IPO in Hong Kong in 2022. The shares will be sold in a price range of HK$48 to HK$62 each,…
China’s Greater Bay Area factories mostly staying put, but many have diversified abroad, survey finds
While most manufacturers said they did not have firm plans to relocate operations outside China earlier this year, external and domestic headwinds have persisted Greater Bay Area firms choosing to …
China EV Maker Leapmotor Aims to Raise Up to $1 Billion in IPO
Chinese electric-vehicle maker Zhejiang Leapmotor Technology Co. is looking to raise as much as HK$8.1 billion ($1 billion) in an initial share sale in Hong Kong.Most Read from BloombergSouthwest …
On sidelines of UN, a push for China’s abuses to be punished
The United Nations will be judged by how it addresses China’s persecution of ethnic minorities, diplomats and human rights advocates charged Monday on the sidelines of the body’s General Assembly, …
China urges people not to touch foreigners after first case of monkeypox reported
A senior Chinese health official advised residents over the weekend to avoid direct skin-to-skin contact with foreigners to prevent the spread of monkeypox.
SONAR Sightings: Illinois reefer volumes spike; Houston port sees record numbers; China imports continue to slide
Reefer volumes spike in Illinois, the port of Houston sees a record number of TEUs in August, and exports from China continue to slide worldwide.
China Urging Biden Not to Give Taiwan Forces ‘Wrong Signals’ After Remarks
The president said he would be willing to deploy the U.S. military to defend the island nation from attack amid growing military pressure from Beijing.
Explained: What the new US-China accounting deal means
American authorities want unfettered access to the financial books of Chinese companies without government interference while China insists on having government agencies play a role in the audit …