Baidu Inc. sold $1 billion of bonds in a two-part sustainable deal, according to people familiar with the matter, marking the first major global debt offering by a Chinese tech firm since Beijing …
Tagged By banking
China lures Western fund managers to tackle looming pensions crisis
The country’s ageing population is set to fuel a boom in wealth management as more workers seek to hand over their extensive pool of savings …
Baidu to Sell $1 Billion of Bonds Amid China Tech Crackdown
Baidu Inc. is selling $1 billion of bonds in a two-part sustainable deal, according to people familiar with the matter, marking the first major global debt offering by a Chinese tech firm since …
Zambia’s election winner expected to push for 20 per cent cut in country’s debt to China
Hakainde Hichilema’s landslide victory over President Edgar Lungu may herald a new approach to Chinese investment in the heavily indebted African nation.
NBP to participate in 2021 CIFTIS, Beijing
The National Bank of Pakistan will participate in the 8th China International Fair for Trade-in-Services 2021, scheduled to be held from September 2nd to 7th in Beijing. Talking to China Economic Net, …
Markets likely to be cautious; HDFC Bank, SBI Cards, SpiceJet in focus
Markets are likely to be cautious on Wednesday while trends in SGX Nifty suggest a flat opening of Indian benchmark indices …
China In Eurasia Briefing: Beijing, Moscow, And An Eye On Afghanistan
Welcome back to the China In Eurasia briefing an RFERL newsletter tracking Chinas resurgent influence from Eastern Europe to Central Asia I …
China Plans $7 Billion Huarong Recapitalization Led by Citic
China Huarong Asset Management Co. is poised to receive about 50 billion yuan ($7.7 billion) of fresh capital as part of an overhaul plan that would shift control of the embattled company to …
China’s ‘Delta Stress Test’ Is About To Shake Global Economy
The country’s latest Covid wave is colliding with a financial system awash in preexisting conditions and policymakers intent on sabotaging its top innovators.
China stresses need to rationally ‘adjust excessive incomes’
China’s president has highlighted the need to reasonably adjust “excessive incomes,” the Communist Party of China announced on its website on Wednesday.
Fitch Affirms China Development Bank at ‘A+’; Outlook Stable
Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) of China Development Bank (CDB) at ‘A+’ wit …
What China really fears about its big tech companies
Xi Jinping wants China’s youth and capital focused on the battle for national tech supremacy, not leisure and consumer power.
Xi Seeks ‘Common Prosperity’ While Curbing China Financial Risks
President Xi Jinping said China must pursue “common prosperity,” in which wealth is shared by all people, as a key feature of a modern economy, while also curbing financial risks.
