Treasury Secretary Janet Yellen has been circling the world seeking to breathe new life into a 79-year-old pillar of the U.S.-led international order: the World Bank. Those efforts stem from a genuine …
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‘Always with me’: elderly woman in China who carried life savings everywhere for safety in tears after US$206,000 she left on bus is found
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.
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 …
