China Evergrande, the Chinese property developer, has defaulted on its debt, according to Fitch Ratings. See: Why Everyone is Talking About Evergrande: The Chinese Giant Driving Global Selloff Fears …
Tagged By finance
China’s Evergrande Group Has Officially Defaulted on US Debt With No Bailout in Sight
After teetering on the brink of collapse for months, Chinese real estate giant Evergrande Group has officially defaulted on its dollar bonds, New York-based Fitch Ratings declared on Thursday. Fitch …
Regulators affirm Hong Kong’s role as China’s link to the world, underscoring city’s status as financial hub
Top financial regulators in Hong Kong and China on Thursday reaffirmed the city’s role as an international financial centre.
Beijing Puts People’s Bank of China on Notice; Rate Decisions by Central Banks in Canada and Brazil Diverge
The People’s Bank of China is under scrutiny by Beijing, part of President Xi Jinping’s push to curb capitalist forces in the economy.
CGTN: China vows to work with developing countries to promote international human rights
China, as the world’s largest developing country, pledged to work with all developing countries to promote the sound development of the international human rights cause, at a forum on human rights on …
China’s impact on Southeast, Central and East Europe
Most of the countries of the region have another connection with China; many have been ruled by socialist or communist regimes.
China raises banks’ FX reserve requirements for 2nd time this year
China’s central bank said on Thursday it will raise the foreign exchange reserve requirement ratio for financial institutions by 200 basis points (bps), effective from Dec. 15. The reserve ratio will …
Foreign holdings of China government bonds smash record in November on index inclusion
November marked the first full month of phased inclusion of CGBs in FTSE Russell’s World Government Bond Index …
China’s Global Hybrid War
The world’s democracies must wake up to the increasingly aggressive hybrid war that President Xi Jinping is waging.
Commercial Investments in the Beijing Olympic Winter Games: A Look at the Sponsors, Private Sector Participation
We look at the role of private capital in the 2022 Beijing Winter Olympics Games and highlight key international and local sponsors.
China Nov new bank loans rise less than expected as stance tilts towards easing
New bank lending in China rose less than expected in November from the previous month even as the central bank seeks to bolster slowing growth in the world’s second-biggest economy. Chinese banks …
Evergrande Restructuring Puts Bondholders at Beijing’s Mercy
(Bloomberg) — When China Evergrande Group finally acknowledged the need for a debt restructuring last week, the embattled property giant pledged to “actively engage” with offshore creditors …
China Stocks Eye Best 3-Day Gain Since February on Easing Hopes
China’s stocks rallied for a third day as investors continued to cheer policymakers’ efforts to shore up the economy, with moderating factory inflation providing further room for easing.Most Read from …
