Results for China
- China Cuts Reserve Ratio For Small Banks
reserve ratio” by 0.5 per cent for banks that mainly lend to small businesses and rural borrowers. In the ...
Daily Headline - global.abi.org - 06/09/2014 - 21:14 - 0 comments
- China’s ‘Golden Era’ for Property Over, Vanke President Says
China Vanke Co., the nation’s biggest developer, is focused on developing homes for owner occupiers rather than investors because the country’s property industry has passed its “golden era,” said President Yu Liang, Bloomberg News reported. “The period i ...
Daily Headline - global.abi.org - 05/27/2014 - 21:50 - 0 comments
- STX Dalian Goes Under Court Receivership
STX Dalian Group is now formally under court receivership after China’s Dalian court accepted the company’s application, Seatrade reported. The financially-troubled group will now undergo a restructuring process, and the court and its creditors will ...
Daily Headline - global.abi.org - 05/27/2014 - 21:52 - 0 comments
- LDK Solar Gets 2 Billion Yuan Bank Loans After Bond Default
LDK Solar Co., the Chinese solar manufacturer which defaulted on a bond that matured in February, said it received 2 billion yuan ($321 million) of loans from Chinese banks, Bloomberg News reported. China Development Bank Corp., the nation’s biggest poli ...
Daily Headline - global.abi.org - 05/26/2014 - 21:57 - 0 comments
- China Opens Debt Window For Local Governments
China will allow local governments to sell bonds for the first time in two decades in a big step towards tackling a looming crisis in public finances and reining in the shadow banking sector that municipal authorities rely on for funding, the Financial ...
Daily Headline - global.abi.org - 05/21/2014 - 21:32 - 0 comments
- China Tries to Ease Drop in Real Estate Prices
China will increasingly manage its troubled property sector locally, as the nation seeks to avoid causing either an abrupt slowdown that undermines the economy or another surge in prices, according to government economists involved in policy discussions, ...
Daily Headline - global.abi.org - 05/21/2014 - 21:43 - 0 comments
- Property Sector Slowdown Adds To China Fears
China’s economy is sputtering as evidence mounts that a nationwide property bubble is on the point of bursting, the Financial Times reported. Virtually every indicator for economic growth in China turned down in April as the all-important real estate ...
Daily Headline - global.abi.org - 05/13/2014 - 21:58 - 0 comments
- China’s New Credit Declines
China’s broadest measure of new credit fell last month as authorities extended their campaign to tame financial dangers even as construction and manufacturing data point to risks that the economy’s slowdown will worsen, Bloomberg News reported. Aggregate ...
Daily Headline - global.abi.org - 05/12/2014 - 21:42 - 0 comments
- Xi Says China Must Adapt to ‘New Normal’ of Slower Growth
Chinese President Xi Jinping said the nation needs to adapt to a “new normal” in the pace of economic growth and remain “cool-minded” amid a slowdown that analysts forecast will lead to the weakest expansion since 1990. China’s growth fundamentals haven’ ...
Daily Headline - global.abi.org - 05/11/2014 - 23:21 - 0 comments
- China Central Bank Vows to Step Up Monitoring of Loan Default Risks
China's central bank said it would strengthen monitoring of default risk from loans to the property sector, local-government financing companies and industries struggling with overcapacity, The Wall Street Journal reported. In its first-quarter ...
Daily Headline - global.abi.org - 05/06/2014 - 21:51 - 0 comments