Results for China
- China’s Domestic Credit Rating Agencies See No Debt Problem
Some $1.3tn in Chinese corporate loans — equivalent to the size of the entire Australian economy — is “at risk” of turning bad, according to the International Monetary Fund. But you would never guess that anything was even slightly amiss in corporate Chi ...
Daily Headline - global.abi.org - 06/30/2016 - 20:56 - 0 comments
- International arbitration report
Welcome to issue 6 of Norton Rose Fulbright’s International arbitration report. In this issue, we provide an overview of the investment provisions of the Trans-Pacific Partnership, including its dispute settlement mechanisms, and discuss the early da ...
Resource Article - twallace@abiwor... - 06/28/2016 - 15:23 - 0 comments - 0 attachments
- China's Baosteel, Wuhan Steel Announce Plan To Restructure
China's Baosteel Group and Wuhan Iron and Steel Group, two of the country's largest steelmakers, are together planning to restructure, their listed units said in separate stock exchange filings on Sunday, Reuters reported. Baosteel Group is Chi ...
Daily Headline - global.abi.org - 06/26/2016 - 23:30 - 0 comments
- What’s In A Number? For China’s Bad Loans, A Host of Fine Print
In the imprecise science of divining China’s banking health, the fine print is sometimes worth a closer look than the final statistic. This week, the McKinsey Global Institute published a new estimate of China’s nonperforming loan ratio, measuring it at ...
Daily Headline - global.abi.org - 06/26/2016 - 23:31 - 0 comments
- China Defends Banks’ Strategy On Managing Debt Pile
Chinese officials hit back at critics of the country’s mounting debt pile on Thursday, saying the country’s banks had taken measures to ensure non-performing loans would not pose a systemic risk to China’s financial system, the Financial Times report ...
Daily Headline - global.abi.org - 06/23/2016 - 22:49 - 0 comments
- China Seeks To Renegotiate Venezuela Loans
China is renegotiating billions of dollars of loans to Venezuela and has met with the country’s political opposition, marking a shift in its approach to a nation it once viewed as a US counterweight in the Americas. Venezuela is facing one of the worst c ...
Daily Headline - global.abi.org - 06/19/2016 - 22:06 - 0 comments
- In China, Venezuela Default Talk Is Front-Page News
Whether crisis-ridden Venezuela will default is a question increasingly on the minds of bond traders. It’s now also one that is getting front-page treatment from China, one of the Latin American country’s biggest financial backers, Bloomberg News reporte ...
Daily Headline - global.abi.org - 06/16/2016 - 22:07 - 0 comments
- China's Bohai Steel Says Has Paid Interest On Bonds Due 2017
China's Bohai Steel Group said it had paid the coupon on its yuan-denominated bonds, which was due on Wednesday, and gave assurance that it had sufficient funds to pay the coupon on dollar bonds due for payment on June 17. The 6.4 percent coupon is ...
Daily Headline - global.abi.org - 06/15/2016 - 21:35 - 0 comments
- IMF Warns On China's ‘High And Rising’ Debt Risk
The International Monetary Fund has issued its sternest warning to date on the risk from China’s rising debt burden, urged more aggressive action to curb credit growth and subject state-owned enterprises to the discipline of the market, the Financial T ...
Daily Headline - global.abi.org - 06/14/2016 - 23:04 - 0 comments
- China Developer Vanke Says To Submit Restructuring Details This Week
China Vanke, the mainland's biggest property company by sales, said it will submit details of a proposed $9.3 billion restructuring involving subway operator Shenzhen Metro Group to the stock exhange this week, and expects to resume trading by early ...
Daily Headline - global.abi.org - 06/13/2016 - 22:31 - 0 comments