Results for China
- Strong China Data Relieve Pressure For Stimulus
China's economic growth accelerated in August, a batch of data showed on Tuesday, relieving pressure on policymakers to boost stimulus and assuaging fears of a sharp slowdown that would drag down global growth, the Financial Times reported. Indu ...
Daily Headline - global.abi.org - 09/13/2016 - 21:45 - 0 comments
- Debt Defaults Prompt Call For Creditor Committees
Amid mounting corporate debts and defaults, China's banking regulator has stepped into the fray, urging banks that are creditors of heavily indebted companies to coordinate their actions and negotiate together. The China Banking Regulatory Commissio ...
Daily Headline - global.abi.org - 09/12/2016 - 22:37 - 0 comments
- Shanghai Police Find Root of Rumors That Sparked Home-Buying Frenzy
Shanghai police say they have found the root of rumors that sparked a home-buying frenzy in late August and led to instability in the city’s real-estate market, The Wall Street Journal China Real Time Report blog reported. It began, police said, with ...
Daily Headline - global.abi.org - 09/12/2016 - 22:51 - 0 comments
- China Infrastructure Investment Model Under Fire
More than half of Chinese infrastructure investments have “destroyed, not generated” economic value as the costs have been larger than the benefits, according to researchers at Oxford university, a finding that will fuel debate over the viability of Chin ...
Daily Headline - global.abi.org - 09/11/2016 - 20:38 - 0 comments
- In Muddying Default Message, China Risks Bond Market Ructions
When several large state-owned companies in China unexpectedly defaulted on their debts earlier this year, the government seemed determined to send a clear and unified message: it was time to get rid of zombie companies, Reuters reported. But since then, ...
Daily Headline - global.abi.org - 09/06/2016 - 23:01 - 0 comments
- Eight Chinese Centrally-Owned SOEs Sign Restructuring Contracts
Eight Chinese centrally-owned state-owned enterprises signed restructuring contracts on Tuesday, the state-run China Securities Journal reported on Wednesday, The Daily Mail reported on a Reuters story. These companies are Aviation Industry Corp of C ...
Daily Headline - global.abi.org - 09/06/2016 - 23:08 - 0 comments
- China Is About To Get Serious With Bad Debt
China’s banks, which dialed down fundraising efforts this year even as bad debts swelled, are making up for lost time, Bloomberg News reported. Both lenders and the companies set up to acquire their delinquent assets are bolstering their finances. China ...
Daily Headline - global.abi.org - 09/05/2016 - 20:58 - 0 comments
- Chinese Banks Braced Over Industrial Restructuring
China’s banks are set to be the biggest losers in the sweeping bailouts of the country’s steel and coal industries, the Financial Times reported. Local governments hoping to save their steel mills and coal miners have announced a series of restructur ...
Daily Headline - global.abi.org - 08/28/2016 - 18:23 - 0 comments
- Financial Tool Set To Shield Bondholders From Default Risk
As bond defaults soar in China, investors and regulators are moving to introduce financial tools that have been widely used in global markets to provide protection for creditors in cases where companies can’t pay their debts, The South China Morning Po ...
Daily Headline - global.abi.org - 08/28/2016 - 18:25 - 0 comments
- China’s Growing Debt Problem Isn’t Quite What It Seems
China’s debt pile is huge and – more worryingly – growing fast. And credit isn’t delivering the same kind of economic boost it once did. But most debt is in local hands in a largely closed financial system, giving China’s leaders some breathing space to ...
Daily Headline - global.abi.org - 08/23/2016 - 22:50 - 0 comments