from China Construction Bank Corp. According to CMIG’s bond document, the SBLC may be drawn down under an event of default, which includes cross-default. A failure or even a delay in payments with … (…
Tagged By finance
Britain and China to hold new round of financial talks in London in June
LONDON (Reuters) – Britain and China will hold the next round of their Economic and Financial Dialogue (EFD) in mid-June in London, finance minister Philip Hammond said on Thursday, after months of … ( read…
BRIEF-China Art Financial Holdings To Raise About HK$123.5 Mln Via Placing
April 25 (Reuters) – China Art Financial Holdings Ltd : * TO PLACE MAXIMUM OF 96 MILLION PLACING SHARES AT HK$1.3 PER PLACING SHARE * NET PROCEEDS OF HK$123.5 MILLION FROM PLACING TO BE USED…
China seeks to allay belt and road ‘debt trap’ concerns with standard for assessing financial risk
China on Thursday moved to allay widely held concerns about the financial drawbacks of its “Belt and Road Initiative” by publishing a debt sustainability framework for participating nations. Presented … ( read original story …)
China economy faces threat from obscure financial tool that could trigger domino effect of defaults
A high-profile debt default in China has fuelled concerns over an obscure financial instrument that is growing in popularity among debt-laden companies and which could shock send waves through the … ( read original story…
Shanghai can be made a global financial hub – if China fixes some fixable problems
American companies had high expectations when China announced in 2009 its plan to transform Shanghai into an international financial centre by . It wouldn’t be easy. While centres like London, New … ( read original…
China central bank says it has no intent to tighten or relax monetary policy
The People’s Bank of China’s use of reverse repos or a medium-term lending facility (MLF) does not signal that it has a loosening bias, Vice-Governor Liu Guoqiang told reporters at a briefing. … ( read…
China central bank says no intent to tighten or relax monetary policy
BEIJING (Reuters) – China’s central bank has no intent to tighten or relax monetary policy, a vice governor said on Thursday, as the market debates how much more support Beijing will give the economy ……
China asks international community to view Pakistan’s counter-terror efforts objectively
multilateral financial institutions, the SCO and the SAARC. China and Pakistan believe that a peaceful, stable, cooperative and prosperous South Asia is in the common interest of all parties, and … ( read original story…
Nintendo’s Big Rally on China Prospects Hasn’t Scared Off Shorts
The clash raises the stakes for Thursday, when rookie President Shuntaro Furukawa will unveil financial results for the last fiscal … there’s uncertainty over the new hardware and the China launch, … ( read original…
U.S. accuses pair of stealing secrets, spying on GE to aid China
It marks the first time the U.S. government has formally said the scheme was carried out to benefit China and that the Chinese government provided “financial and other support.” According to the … ( read…
China, Switzerland to ink MoU on closer finance, trade ties
Switzerland is expected to sign a memorandum of understanding with China focusing on finance and trade cooperation in third markets under the Belt and Road Initiative, Swiss President Ueli Maurer said … ( read original…
China central bank injects 267 billion yuan in targeted loans as broader easing appears on hold
SHANGHAI (Reuters) – China’s central bank extended 267.4 billion yuan ($39.8 billion) to some commercial banks on Wednesday via its targeted medium-term lending facility (TMLF) as it looks to provide … ( read original story…