Results for China
- China Gets Desperate About Debt
With its debts surging and growth sluggish, China has hit on a new strategy to revitalize its ailing economy. It’s the same as the old strategy. Only this time, it won’t work, Bloomberg News reported. Earlier this month, China’s State Council released gu ...
Daily Headline - global.abi.org - 10/26/2016 - 22:14 - 0 comments
- Seoul Court Approves Winding Down Of Hanjin Shipping's 4 European Units
Hanjin Shipping Co Ltd said on Monday its European routes services have completely halted, and a Seoul court overseeing its receivership process has approved winding down four of its European units, Reuters reported. The four units, Hanjin Shipping Europ ...
Daily Headline - global.abi.org - 10/24/2016 - 21:31 - 0 comments
- Despite Concerns, China’s Economic Planners Aim For High GDP
Economic data released in China last week revealed the government’s two-steps-forward, one-step-back approach to macroeconomic management, the Financial Times reported. While the rest of the world fretted about runaway debt levels in the world’s seco ...
Daily Headline - global.abi.org - 10/23/2016 - 21:21 - 0 comments
- Economists Question China’s Consistent Growth Numbers
Fresh doubts emerged over the reliability of Chinese statistics on Wednesday after officials said the economy grew 6.7%—for the third consecutive quarter. It was the first time since Beijing started releasing quarterly figures in 1992 that it had achieve ...
Daily Headline - global.abi.org - 10/19/2016 - 21:23 - 0 comments
- Property Risks Loom Over China’s Economy
China’s housing market is bubbling over. A boom in values in metropolises such as Beijing, Shanghai and their environs — up 25 per cent or higher over the past year alone, according to Savills China — has spread to smaller cities this year. In August, re ...
Daily Headline - global.abi.org - 10/19/2016 - 21:24 - 0 comments
- As China’s Economy Slows, a Look at What Could Happen
China’s economy is slowing. How bad can it get? China is widely expected to report on Wednesday that its economy grew about 6.7 percent in the third quarter from a year ago. That would match the growth pace China set in the first and second quarters of t ...
Daily Headline - global.abi.org - 10/18/2016 - 19:44 - 0 comments
- China Debt Dilemma: Five Things To Look Out For In Q3 GDP
On Wednesday China’s National Bureau of Statistics will report its latest quarterly estimate for economic growth, which has stabilised after the world’s second-largest economy was rocked by a dual market and currency crisis in January. For Beijing, econo ...
Daily Headline - global.abi.org - 10/17/2016 - 22:00 - 0 comments
- PBOC’s Zhou Had Early Qualms on Debt Swaps
Seventeen years ago, Zhou Xiaochuan, then president of one of China’s oldest and largest banks, wrote an essay in an economics bimonthly magazine addressing the hottest policy topic of the day: a controversial new government program that let selected sta ...
Daily Headline - global.abi.org - 10/17/2016 - 22:01 - 0 comments
- China Property Boom Spurs Fear of Bubble’s Burst
China is in the midst of a dizzying housing bubble. Shanghai’s average housing price is up nearly one-third from a year ago, with prices in major cities like Beijing and Guangzhou not far behind. Chinese consumers are rushing to buy homes before the gove ...
Daily Headline - global.abi.org - 10/16/2016 - 22:18 - 0 comments
- Goldman Sachs To Intervene In AC Milan’s Debt Restructuring
Sino-Europe are going to complete AC Milan’s takeover by the 15th of November and new CEO Marco Fassone will be flying to China where he will meet owners and new potential sponsors for the new club’s course. According to Sole 24 Ore, however, new owners ...
Daily Headline - global.abi.org - 10/16/2016 - 22:20 - 0 comments