Results for China
- Chinese Regulator Acts To Curb Bogus Banks
China’s banking regulator has warned companies not to use the word “bank” in their names following a series of scandals and multibillion-dollar investment scams, the Financial Times reported. Several outfits posing as accredited financial institution ...
Daily Headline - global.abi.org - 08/04/2016 - 22:46 - 0 comments
- China Moves Toward Launching Credit-Default-Swap Market
China is edging closer to launching its own version of a popular hedging tool that protects investors in case of defaults, as the world’s No. 2 economy struggles to cope with slowing growth and record numbers of companies not paying back debt, The Wall ...
Daily Headline - global.abi.org - 08/04/2016 - 22:48 - 0 comments
- China Builder Default Shakes Faith in $72 Billion Bond Enhancers
The faith that international investors have put in some credit sweeteners on Chinese debt is being tested with the latest default from one of the nation’s builders. China City Construction International Co., whose recent shareholder change triggered earl ...
Daily Headline - global.abi.org - 08/03/2016 - 23:52 - 0 comments
- China Inc. Has $1 Trillion in Cash That It’s Too Scared to Spend
Never before have China’s companies had so much cash and so little to spend it on. With investment opportunities sparse amid the country’s weakest economic expansion in a quarter century, Chinese firms reported an 18 percent jump in cash holdings during ...
Daily Headline - global.abi.org - 08/03/2016 - 23:53 - 0 comments
- Muddled Glimpse of Chinese Economy Emerges From New Data
49.9 last month from 50.0 in June. It fell short of many economists’ expectations. The competing Caixin ...
Daily Headline - global.abi.org - 08/01/2016 - 23:45 - 0 comments
- China Struggles To Stem Flow Of Wealth Offshore
China’s foreign exchange regulators are struggling to stem the flow of personal wealth spilling offshore via Hong Kong’s insurance industry, the latest results from the world’s second-largest insurer suggest, the Financial Times reported. On Thursday ...
Daily Headline - global.abi.org - 07/28/2016 - 22:52 - 0 comments
- Chinese Default Exposes Creditor Anger At Political Interference
A series of bond defaults in north-east China is exposing creditors’ frustration at the lack of a transparent process for resolving bad debt as cash-strapped local governments step back increasingly from taxpayer bailouts, the Financial Times reporte ...
Daily Headline - global.abi.org - 07/27/2016 - 22:04 - 0 comments
- Commentary: China's Local Debt Problem Goes Global
A very local problem in China is being exported at an alarming rate, according to a Bloomberg commentary yesterday. Debt from special-purpose vehicles linked to municipal and provincial governments -- leverage that central authorities are trying to extin ...
Daily Headline - abi_admin - 07/20/2016 - 13:41 - 0 comments
- China’s Latest Plan for Market Control Involves the Central Bank
China is weighing how to consolidate financial regulation, following missteps that exacerbated market turmoil and embarrassed Beijing. One option under consideration would empower the central bank, as other countries have done in times of risk, The Wal ...
Daily Headline - global.abi.org - 07/14/2016 - 22:34 - 0 comments
- Ground Zero of China’s Slowdown Leaves Locals Looking for Exit
The home to about 3 million people in the northeast rust-belt province of Liaoning is ground zero in China’s slowdown -- the worst-performing city in the worst-performing province, Bloomberg News reported.. Ads offering work visas abroad are peppered acr ...
Daily Headline - global.abi.org - 07/12/2016 - 23:33 - 0 comments