China is preparing a major bailout to clear over $1 trillion in unpaid bills local governments owe to private companies, according to Bloomberg. The plan involves getting China Development Bank and ...
China is bailing out over $1 trillion in unpaid local government debts to private firms
China is preparing a major bailout to clear over $1 trillion in unpaid bills local governments owe to private companies, according to Bloomberg. The plan involves getting China Development Bank and ...
China’s Financial Flows Exceed Trade for First Time
For the first time in China, the amount of money flowing in search of investment opportunities is more than the value of goods and services its trade engines generate. The historic shift moves China a ...
China’s Financial Flows Exceed Trade for First Time
For the first time in China, the amount of money flowing in search of investment opportunities is more than the value of goods and services its trade engines generate. The historic shift moves China a ...
Trump tariffs live updates: Swiss propose US gold refinery as Mexico lifts China tariffs to 50%
Meanwhile, in a move some say is to appease President Trump, Mexico said on Wednesday it will raise tariffs on automobiles from China and other Asian countries to 50%. The governm ...
Rescue boat evacuating flood victims capsizes in eastern Pakistan, killing 9
A rescue boat evacuating people displaced by floods has capsized in Pakistan's eastern Punjab province, killing nine people.
CNBC’s Inside India newsletter: What’s keeping the Indian middle class from driving an electric car?
EV giants are making moves in India, driving old market players to learn new tricks, and the Indian middle class is left wondering: could my next SUV be electric?
India rupee sinks to record low, US tariffs keep outlook fragile
The Indian rupee dropped to an all-time low against the U.S. dollar on Thursday, in a slide that reflects the mounting strain of U.S. tariffs on Asia's third largest economy.
Why India and China Remain Bitter Rivals
Tension between India and China may be thawing, but the two countries still remain bitter rivals, writes Shyam Saran.
US and Japan begin exercises including missiles that China calls a threat
The United States and Japan begin two weeks of military exercises on Thursday that will deploy a missile system capable of striking the Chinese mainland, a move Beijing has already condemned as threat ...