China’s three major airlines are on track to extend a lossmaking streak to a fourth year, as analysts warn that the country’s uncertain economic growth and fewer direct US flights are weighing on …
Tagged By finance
Swiss bank Lombard Odier cuts China asset allocation amid challenges facing world’s second-biggest economy
Chinese authorities seem unlikely to deliver catalysts that would sustainably reverse negative investor sentiment, senior strategist Homin Lee says. Last week’s market-boosting measures prove …
China issues first development loan under ‘project whitelist’ mechanism – media
The first development loan has been granted under China’s so-called “project whitelist” mechanism, the country’s official Securities Times reported on Wednesday.
China issues 9.34t yuan local gov’t bonds in 2023
[Photo/China News Service] BEIJING — China’s local governments issued new bonds worth around 9.34 trillion yuan ($1.31 trillion) in 2023, data from the Ministry of Finance showed. Of the total, …
China Evergrande’s financial mess isn’t over
Yes, but: There are few precedents for a bankruptcy of this size and complexity in China, and the housing sector is politically sensitive (Chinese homebuyers took the risk of publicly protesting in …
Why China’s economy is doing better than people think
Therefore, China should set an inflation target of 3% to 4%, and allow the PBOC to ease monetary policy. The central bank could also purchase government debt on the open market if previously issued …
China’s economy is about to implode. We will all feel the aftershocks
Evergrande, the embattled Chinese real estate giant with debts of $300 billion, has just been ordered to liquidate by a court in Hong Kong. What effect will this have, both within China and across the…
Chinese developer Evergrande ordered to be wound up by Hong Kong court
A Hong Kong court has ordered China Evergrande to be wound up, opening a new and unpredictable phase in the collapse of the world’s most indebted property developer. The liquidation order comes just over two…
Henry Kissinger didn’t take much interest in the global economy at first–until he did and changed it forever
Henry Kissinger tours the Summer Palace in Beijing during his surprise visit to China in 1971. Bettmann Archive – Getty Images Much has been written in the past few weeks about the enormous impact …
Order to liquidate property giant China Evergrande is just one step in fixing China’s debt crisis
A Hong Kong court’s order to liquidate the world’s most heavily indebted real estate developer is only a tentative step toward resolving a debt crisis that is haunting financial markets and dragging o …
UK banks and Land Rover in firing line over China’s financial contagion risk, warns expert
China’s volatile economy is now at a point “where the rubber hits the road”, leaving UK banks HSBC and Standard Chartered vulnerable, as well as car manufacturer Land Rover, a financial expert has warned. Bob…
The Real Evergrande Reckoning Is for China’s Foreign Creditors
Offshore lenders to other property developers in the country should be worried about the precedent.
Analysis-Evergrande Liquidation Highlights Investor Despair at China Debts
Total U.S. dollar issuance for China collapsed to $42.5 billion last year from pre-pandemic levels above $200 billion, data from Dealogic showed and while resolving Evergrande’s debts could help, …
