Results for China
- China April Slowdown Shows Debt Addiction Will Be Tough to Shake
China’s run of disappointing April data underscore the bind facing policy makers seeking to cut capacity from the worst-performing sectors and curb credit excesses in recovering ones without stalling the economy. Bloomberg’s monthly gross domestic produc ...
Daily Headline - global.abi.org - 05/15/2016 - 21:05 - 0 comments
- China Party Mouthpiece Echoes Soros’ Debt Fears
Ao maybe George Soros was on to something after all, the Financial Times reported in an insight. On Monday the People’s Daily, the Chinese Communist party’s flagship newspaper, published a front-page interview with an “authoritative figure” who warne ...
Daily Headline - global.abi.org - 05/11/2016 - 22:42 - 0 comments
- China Companies Borrow To Repay Debts In Latest Credit Binge
China is awash in a credit stimulus that is bigger as a proportion of GDP than the one that Beijing unleashed to haul the economy out of trouble in the aftermath of the 2008/2009 financial crisis. But this time around, the deluge is failing to boost grow ...
Daily Headline - global.abi.org - 05/10/2016 - 21:03 - 0 comments
- China Minmetals Seeks $2.3 Billion For Financial Asset Restructuring: Document
China Minmetals Corp, the country's biggest metals trader, is raising 15 billion yuan ($2.3 billion) from investors to help restructure and list its financial assets, according to a fundraising document seen by Reuters. Minmetals-controlled Kingray ...
Daily Headline - global.abi.org - 05/10/2016 - 21:05 - 0 comments
- China Capital Outflows Persist Despite FX Reserves Rebound
Capital flows from China persisted in April despite a reported rise in foreign exchange reserves, which mainly reflected the impact of a weaker dollar on the central bank’s euro and yen holdings, the Financial Times reported. After falling for 18 of ...
Daily Headline - global.abi.org - 05/09/2016 - 21:51 - 0 comments
- China Fertiliser Default Highlights Rising Credit Risk
A fertiliser producer in north China will default on bond payments on Thursday, the latest casualty of a slowing economy and rampant overcapacity in commodity sectors including basic chemicals, the Financial Times reported. Defaults have contributed ...
Daily Headline - global.abi.org - 05/05/2016 - 20:47 - 0 comments
- China’s Steel Makers Undercut Rivals as Economy Slows
The steel industry sits at the crux of a major debate playing out across the world economy, one that could soon be intensified by a looming change in the global trade rules, the International New York Times reported. As China’s economy has slowed, th ...
Daily Headline - global.abi.org - 05/03/2016 - 20:30 - 0 comments
- China Financial Regulator Clamps Down On Shadow Banking
China’s banking regulator is cracking down on financial engineering that Chinese banks have used to disguise trillions of dollars in risky loans as investment products, the Financial Times reported. The clampdown, which will force banks to make provi ...
Daily Headline - global.abi.org - 05/02/2016 - 21:04 - 0 comments
- Unpaid Bills Add To China Debt Problems As Receivables Mount
Times have changed for Yu Xingzhi since China’s economic boom years. Despite the slowing economy, sales at Shanghai Caison Color Material Chemical are holding up. The trouble is, her customers — garment manufacturers and packaging producers buying her dy ...
Daily Headline - global.abi.org - 04/27/2016 - 22:26 - 0 comments
- How China’s Debt Fix Could Make Things Much Worse
Instead of China fixing a corporate zombie problem threatening to overwhelm the world’s second largest economy, Beijing may be about to create a bigger one, The Wall Street Journal reported. That is the implicit warning in a new paper published by th ...
Daily Headline - global.abi.org - 04/26/2016 - 22:52 - 0 comments