In this article, we discuss the 10 stocks that the China crackdown is crushing. If you want to skip our detailed analysis of these stocks, go directly to China Crackdown is Crushing These 5 Stocks.…
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China’s Belt and Road plans losing momentum as opposition, debt mount -study
China’s vast Belt and Road Initiative (BRI) is in danger of losing momentum as opposition in targeted countries rises and debts mount, paving the way for rival schemes to squeeze Beijing out, a new …
Property developer Evergrande to sell $1.5 billion stake in regional Chinese bank as debt payment looms
The stake sale to a state-owned group is Evergrande’s first major asset disposal as it attempts to claw its way back from the brink of collapse.
Evergrande pares Shengjing Bank stake for US$1.55 billion as distressed developer attempts to unshackle itself from US$305 billion in liabilities
China Evergrande Group, faced with a second offshore bond payment in as many weeks, said it would sell part of its stake in a bank in north-eastern China to repay debt and unshackle itself from…
China Evergrande Makes Restructuring Progress as Major Bond Payment Comes Due
The heavily indebted property developer will sell most of its stake in a commercial bank to a Chinese state-owned enterprise.
China Evergrande plans to raise $1.5 billion through bank-stake sale
Evergrande, the world’s most indebted property developer, has struggled in recent months to raise cash and meet its financial obligations after …
China outspending U.S. and Japan in overseas development finance, study shows
Between 2000 and 2012, the average annual development finance commitments from Beijing amounted to $32 billion and those commitments from Washington were roughly on par at nearly $34 billion. But …
China Targets Evergrande Risks With $1.55 Billion Bank Deal
China stepped in to buy a stake in a struggling regional bank from China Evergrande Group as it seeks to limit contagion in the financial sector from the embattled property developer.Most Read from …
China’s development finance more than double US but issues risk undermining belt and road: report
AidData analysis finds recipient nations are concerned about project issues and Chinese debt burdens ‘substantially larger’ than previously understood.
Evergrande to Raise $1.5 Billion by Selling Bank Stake to State-Owned Firm
China Evergrande plans to raise about $1.5 billion by selling a minority stake in a Chinese bank to a state-owned enterprise, an indication that authorities in the country are moving to contain the …
China Evergrande to sell $1.5B stake in Shengjing Bank to state firm
Cash-strapped China Evergrande Group said on Wednesday it plans to sell a 9.99 billion yuan ($1.5 billion) stake it owns in Shengjing Bank Co Ltd to a state-owned asset management company as it …
China Keeps Cash Engine Running in Ninth Day of Injections
China’s central bank injected liquidity into the financial system for a ninth day in the longest run since December as it sought to meet a surge in seasonal demand for cash. Most Read from …
China’s new infrastructure still relies on carbon-intensive supply chains – Greenpeace
A report from environmental group Greenpeace found that new Chinese infrastructure still relies on carbon-intensive supply chains, though they emitted less carbon than traditional infrastructure last …
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