Other high-profile debt defaults followed suit this week, including government-backed chipmaker Tsinghua Unigroup, which missed payment after failing to extend its deadline for repayment, and another default by state-owned Huachen Automotive Group — a Chinese joint venture partner of BMW. Last month...
The author comments on the announcement by China's State Council that it would no longer continue to bail out the unprofitable solar sector. The author believes that the China's decision to allow local power company such as LDK Solar to default on its international bond issue is a good ...
As the largest holder of sovereign debt in the US, the Chinese government has reason to feel anxious, but its biggest worry is not that the United States will really default on its debt. Li Yongliang, director of DBS Vickers in Hongkong, said that the Chinese government's immediate concern ...
China spent the last months of 2016 selling debt and calling in loans, decreasing its total to less than $1.10 trillion. Japan then took the top spot among foreign creditors at $1.11 trillion, though only by default, as the country decreased itsholdingsof U.S. debt by about$23 billion. ...
in Shanghai and Shenzhen,we firstly re-estimate the value of each developer's inventory by taking the effect of presale into consideration and ... H Liu - 《Journal of Zhejiang University》 被引量: 2发表: 2013年 加载更多来源期刊 New York Times 研究点推荐 Debt Default Kaisa Group 站内...
In 2022, six of the 14 defaults (four of the six were publicly rated) in Greater China were rated at the beginning of the year and together accounted for about 0.5% of the $103.7 billion in debt globally affected by defaults in 2022....
Statistics showed that Sesame Credit has helped courts punish more than 1.21 million debt defaulters and over 126,000 of them have paid their debts as of the end of July. "We should reward those who keep their word and punish those who break their promises," said Chen Wenjin from Ant Fin...
BlackRock Premier China US Dollar Bond Fund seeks to maximise total return by investing more than 70% of its Net Asset Value in fixed income securities denominated and settled in USD, of governments and agencies of Mainland China or Chinese companies exe
Mr Dai added that the outstanding debt should be settled through negotiations with both creditors and debtors. Should the negotiations fail, indebted companies can go through the bankruptcy procedures, in accordance with the law. HITIC missed an interest payment on US$134m worth of Samurai bonds ...
However, he is not worried about thepossibility of a US debt default,which has sent the cost of insuring against US Treasury default soaring this year to its highest level since the financial crisis. “We think Treasuries are safe,” he said. “We are continuing to manage this exposure like...