Sri Lanka has reached an agreement with the Export-Import Bank of China to cover about $4.2 billion of the island nation’s outstanding debt, its finance ministry said in a statement on Thursday. Sri …
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Sri Lanka says it has deal with China EXIM bank covering $4.2 billion of debt
China sovereign wealth fund raises stake in ‘Big Four’ banks
China’s sovereign wealth fund Central Huijin Investment marginally raised its stake in the country’s four biggest banks for the first time since 2015, kindling hopes that authorities will step in to …
Sri Lanka says it has reached an agreement with China’s EXIM Bank on debt, clearing IMF funding snag
Sri Lanka says that it has reached an agreement on key terms and principles on its debt restructuring with the Exim Bank of China.
Is the next subprime crisis brewing in China’s property market?
The slowdown in China’s asset-backed securities is raising fears of a repeat of 2008, when the complex, opaque products triggered a domino effect China’s potential trouble could start with the …
China looks to Malaysia to satisfy national durian craving as import talks accelerate
Talks between Chinese customs officials and Malaysian agricultural personnel on the import of fresh durians are moving forward, with some suggesting approval could come as early as 2024.
Iron ore buyers bet bad China property news is actually good
Iron ore investors appear to be taking the view that bad news is actually good news, bidding up the spot price even as the property woes afflicting top importer China appear to be worsening.
US urged to work with technology leader China on transition to clean energy
The United States can’t be protectionist when it comes to the electric vehicle and EV battery industries, which are now dominated by China, analyst warns.
China’s discovery of never-before-seen ore could propel battery technology
China’s discovery of never-before-seen ore could propel battery technology – Rare earth metal niobium found inside new ore can be used to make ‘game changing’ batteries, scientists say …
China Focus: China’s computational power gains new strength with 255-detected-photon quantum computer
Led by the renowned Chinese quantum physicist Pan Jianwei, the research team has successfully accomplished this quantum computing feat, achieving a speed that is 10 quadrillion times faster in solving …
China’s Credit Market Stress Eases After Onshore Defaults Drop
Even so, offshore stress fell to level 3 from 4, the credit tracker shows. China’s junk dollar note market returned 0.5% in September, just the third monthly advance this year according to a Bloomberg …
China public set high aesthetic bar for Uzbek gymnastics legend they call ‘Mum Qiu’ after deal with ‘tasteless’ mainland cosmetics brand
People on mainland social media say internationally renowned gymnast, Oksana Chusovitina – who is affectionately known as “Mum Qiu” in China – could have her reputation tarnished by the “tasteless” …
Controversy Engulfs Uzbek Gymnast Oksana Chusovitina’s Collaboration with Chinese Cosmetic Brand
Well-known for her acrobatic prowess and graceful performances, Oksana Chusovitina, the Uzbek gymnast, has carved out a substantial fanbase in China over the years. Yet, her recent collaboration with …
China Bans Its Brokers From Illicit Cross-Border Equity Business
China has told its securities firms and their offshore units to stop conducting illicit cross-border business, including brokering shares and selling funds to domestic investors, in a bid to plug …
