China

billion of residential property was sold in China, an increase of 80 percent from the year before, ...

Daily Headline - global.abi.org - 03/05/2010 - 06:56 - 0 comments

China's central bank favors legalizing some gray-area private lenders and removing ceilings on interest rates, an official said Thursday, changes that would make it easier for the nation's small and private businesses to get loans, The Wall S ...

Daily Headline - global.abi.org - 02/26/2010 - 10:20 - 0 comments

The European Union is in need of a new economic strategy, The Wall Street Journal reported. The veracity of that statement might seem indisputable, as various EU countries, led by Greece, struggle to avoid being crushed by their accumulated debts. Bu ...

Daily Headline - global.abi.org - 02/10/2010 - 09:27 - 0 comments

Non-performing loans in China have risen into the “trillions of renminbi” because of poor lending practices, an insolvency lawyer said, BusinessWeek reported on a Bloomberg story. “We work really closely with SASAC, the state-owned enterprise regulat ...

Daily Headline - global.abi.org - 02/05/2010 - 11:08 - 0 comments

dramatically on Wednesday, by almost 0.7 percentage points at one point, in what one trader called a ... Greek 10-year bond yields closed at 6.70 per cent, 0.48 percentage points up on the day. The Financial ...

Daily Headline - global.abi.org - 01/28/2010 - 10:14 - 0 comments

Greece is wooing China to buy up to €25 billion of government bonds, a move that underlines Beijing’s growing financial power, as Athens struggles to fund soaring public debt, The Irish Times reported. Goldman Sachs, the US investment bank, has been ...

Daily Headline - global.abi.org - 01/27/2010 - 09:13 - 0 comments

Several Chinese banks have ordered some branches to suspend new lending for the rest of this month, people familiar with the situation said on Tuesday, as concerns rippled around markets in the region that China may take more aggressive action to rein in ...

Daily Headline - global.abi.org - 01/26/2010 - 11:22 - 0 comments

Chinese regulators have told some banks to temporarily halt lending amid growing fears of asset bubbles and inflation. The renewed efforts to rein in credit growth follow a burst of frantic lending activity by Chinese banks that have raised concerns abou ...

Daily Headline - global.abi.org - 01/20/2010 - 10:07 - 0 comments

Premier Wen Jiabao signaled that Beijing is closely considering the risks associated with its stimulus policies in comments to the State Council posted on the central government's Web site Tuesday, The Wall Street Journal reported. China will ma ...

Daily Headline - global.abi.org - 01/20/2010 - 10:06 - 0 comments

China backed off its giant stimulus effort Tuesday by reducing the amount of cash banks have available to lend, in the clearest signal yet that the government is worried that the nation's credit binge now risks igniting inflation, The Wall Street ...

Daily Headline - global.abi.org - 01/13/2010 - 10:00 - 0 comments