China is upending how the international financial system handles debt crises in the developing world. Wall Street isn’t happy. Large bond fund managers cried foul last month when China blocked their …
Tagged By banking
China’s banking system is in free fall and the country’s real estate losses could hit $4 trillion, veteran investor says
China’s banks will lose more than what US banks lost during the 2008 crisis, Hayman Capital CIO Kyle Bass said.
Bipartisan committee calls for tariffs as part of reset with China
A bipartisan committee in the House is recommending that the United States reset its economic relationship with China and raise tariffs on the country.
China facing ‘challenges’ in reviving economy, leaders admit
Chinese exports — long a key growth driver — had largely been in decline since last October, except for a short-lived rebound in March and April. BEIJING: China is confronting “difficulties and …
India, China providing more climate finance than rich nations: Report
Some developing countries, including India, China and Brazil, contribute more climate-related finance through multilateral development banks than many countries in the Global North, according to an …
China deflation worsens as economic problems mount
In another indication of expectations of a worsening economic outlook, rating agency Moody’s last week cut its outlook for Chinese sovereign debt to negative.
Asian infrastructure bank can’t be reformed unless China changes course, former executive says
A former senior executive of the Asian Infrastructure Investment Bank (AIIB) told a House of Commons committee Monday he doesn’t believe the international financial institution can be reformed as long …
China likely to adopt law for financial risk control next year
China is likely to adopt a significant law in 2024 that will provide a predictable framework and enriched funding support for financial risk resolution, underscoring the country’s steadfast commitment …
China is close to peak emissions, but it doesn’t want to talk about it
A slowing economy and a surge of renewable energy are shrinking China’s carbon footprint. Beijing isn’t bragging, though.
Consensus no more? Following Biden, Democrats start to split from Republicans on China policy
Congressional Democrats adopting Biden’s pursuit of ‘de-risking, not decoupling’ from Beijing, while Republicans hold to hawkish stances; shift may open room for diverse views and policies on Capitol …
China falls deeper into deflation territory, hitting markets; IMF warns of risk of cold war II – as it happened
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and …
China’s banking system is in free fall right now, says Hayman Capital’s Kyle Bass
why he believes China is currently experiencing a banking system collapse, what it means politically for Chinese President Xi, potential impact on U.S. companies, and more.
Bank auditor flagged Hunter Biden payments from China: Kerri Kupec Urbahn
FOX News legal editor Kerri Kupec Urbahn provides analysis of Hunter Biden’s legal troubles as he faces a maximum of 42 years in prison and discusses former President Trump’s refusal to testify again …