More Bad News for China After a Lower Than Expected Manufacturing Report Asian Central Banks Buying Treasuries and Complicating Portfolio Diversification The new quarter appears to be starting off on …
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bneGREEN: China’s promise of no overseas coal financing could free up $130bn for green investment
China’s promise to abandon financing coal projects overseas could affect a total of 44 coal plants across Asia and Africa, with a combined 42,220 …
Creeping state control undermines China’s economic reset
The troubles engulfing Chinese property developer Evergrande have prompted comparisons to the failure of Lehman Brothers in 2008.
China’s Belt and Road Initiative leaves developing nations with $385 billion in ‘hidden debts’: Report
China’s Belt and Road Initiative (BRI) has left several lower- and middle-income nations with crushing ‘hidden debts’ (undisclosed liabilities), totalling $385 billion, according to a latest report.
What every banker needs to know about China
Very quietly, China has shifted gears. It is reducing its holding of U.S. government debt and focusing on other trade partners. A business partner with international expertise can help you and your …
Spain to Negotiate With China’s Great Wall Motor to Take Over Nissan Plant
BARCELONA (Reuters) -Spanish authorities and Nissan will enter talks with China’s Great Wall Motor over a possible takeover of the Japanese carmaker’s plant in Barcelona, which is due to shut in …
China’s Evergrande crisis has far-reaching implications
The problems confronting Evergrande, which has failed to meet interest payments on dollar-denominated loans, extend throughout the property sector and into the wider economy.
Evergrande bonds are being scooped up by bargain-hunting funds on bets China can ward off a messy collapse, reports say.
Marathon’s Bruce Richards sees opportunities in the embattled real-estate developer because there’s a ‘lot of commerce’ related to Evergrande.
Bank of China plans more green loans
Photo shows the exhibition area of Bank of China during the 2021 China International Fair for Trade in Services in Beijing, capital of China, Sept. 4, 2021. (Xinhua/Chen Zhonghao) BEIJING, Oct. 1 …
Beijing tells bankers to help home buyers
China has urged financial institutions to help local governments stabilise the rapidly-cooling housing market and protect the rights of some home buyers, another signal that authorities are worried …
The China World Bank Scandal
Beijing allegedly intervened to improve its business ranking.
China Evergrande to Sell Bank Stake to State-Owned Firm for $1.5 Billion
The deal is the latest sign that the country’s authorities are trying to help the property giant resolve some of its financial troubles.
Exploring Evergrande’s financial failures and why China’s government is stepping in
“Too big to fail” was a phrase used during the global financial crisis for large companies so over-extended that their collapse could cripple global finance. China is now trying to take a too-big …
