Mainland social media has been moved by the story of an elderly woman in China who left her life savings of US$206,000 on a bus then burst into tears when her property was returned intact.
Tagged By finance
Stanford’s settlement with Justice Department shows how deep China has its claws in our universities
China expects a return on its investments in American research faculty and institutions — but so too should the American people and our elected officials.
China’s State Council Unveils Five-Year Plan for High-Quality Inclusive Finance Development
In a bid to elevate the state of inclusive finance within its borders, China’s State Council has launched a comprehensive five-year guideline. This strategic document outlines an array of policies and …
China Development Bank: BRI loans total $67.3 bln at end-September
BEIJING, Oct 11 (Reuters) – China Development Bank had issued 491.5 billion yuan ($67.30 billion) of special Belt and Road loans as of the end of September, the Chinese policy bank said on Wednesday.
China stimulus hopes, dovish Fed tone lead EM assets to two-week high
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…
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 …
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