Chinese overseas lending is currently undergoing a transition. During the decade from 2010 to 2020, Chinese policy banks – particularly the Export-Import Bank of China (Exim Bank) and the China ...
Rising national debt in the U.S., China, and Japan poses a significant risk to global financial markets, potentially triggering a sovereign debt default. GLD and precious metals are considered hedges ...
HONG KONG (AP) — State-backed property developer China Vanke, once the country’s largest homebuilder by sales, narrowly avoided defaulting on a 2 billion yuan ($284 million) bond last week as the ...
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China property crisis deepens as Vanke narrowly avoids bond default, shaking investor confidence
China Vanke, once the country’s largest homebuilder by sales, has narrowly avoided a major financial crisis, raising alarm about the state of China’s struggling property sector. The developer almost ...
The fallout in China's property sector is showing no signs of abating, as more developers face the threat of default — even as uncertainty over the fate of heavily indebted Evergrande looms. Stream ...
China Vanke Co. is seeking to delay payment on a 3.7 billion yuan bond amid its struggle with debt due in coming months. Holders of the bond have until 3 p.m. Thursday to choose from six proposals ...
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