Emerging market equities and currencies hit a two-week high on Wednesday as hopes of fresh stimulus from China and a dovish shift in tone from several Federal Reserve policymakers eclipsed geopolitical concerns in the Middle…
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China’s finance ministry to issue 16b yuan of treasury bonds in Hong Kong
BEIJING — China’s Ministry of Finance will issue yuan-denominated treasury bonds worth 16 billion yuan ($2.23 billion) in the Hong Kong Special Administrative Region later this month, the ministry …
Country Garden Caves to Debts as China’s Real Estate Crisis Worsens
The property giant was unable to repay a loan and signaled it would default on its debt, becoming one of the biggest casualties of China’s deepening property crisis.
Top 10 regions with China’s busiest M&A markets in Q1-3
China’s capital city Beijing grabbed second place on the list of the top 10 regions with China’s busiest M&A markets in Q1-3 period. Guangdong and Zhejiang took the third and fourth spots followed by …
China’s Country Garden warns of default again as property sales plunge
For the second time in just over two months, Country Garden has warned investors that it could default on its $190 billion debt in a reminder that China’s real estate crisis is far from over.
Sri Lanka, EXIM Bank of China reach pact
Channel News Asia: he Export-Import Bank of China reached a preliminary agreement with Sri Lanka last month on the disposal of China-related debts, – Get the latest breaking news and top stories from …
UPDATE 1-Schumer notes ‘serious engagement’ with China’s Xi during Beijing visit
U.S. Senate Majority Leader Chuck Schumer said on Tuesday there had been “serious engagement” during a meeting between a visiting U.S. bipartisan congressional delegation and Chinese President Xi …
China’s top property developer warns it might not repay its international debt
Country Garden, China’s largest property developer, on Tuesday warned it is struggling to repay its overseas debts …
China’s real estate, debt crises prompt IMF warning of widening economic damage
Report by International Monetary Fund suggests China’s economy could be facing even more dire straits, and a ‘sharp repricing of assets’ is possible IMF’s assessment comes as calls for reform are …
China Says Exim Bank, Sri Lanka Reached Preliminary Debt Deal
China said one of its financial institutions has reached a preliminary agreement with Sri Lanka on resolving China-related debt, a potentially major step toward resolving the South Asian nation’s …
China’s Country Garden Succumbs to Debt Crisis After Sales Plunge
The property giant failed to repay a loan and warned that it was unlikely to pay off all its international debt obligations.
China’s Belt and Road generated over $2trln in contracts: Beijing
China is hailing this month the 10th anniversary of its Belt and Road Initiative, which has seen Beijing pour a trillion dollars into projects around the world in a defining geopolitical project for P …
World Bank projects 5.1 pct growth for China in 2023
The World Bank projected a 5.1 percent growth for the Chinese economy in 2023, according to its newly released East Asia and Pacific Economic Update. This was reported by The Xinhua News Agency. “China has…
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