Ecuador announced on Monday night that it reached a debt relief restructuring agreement with Chinese banks worth $1.4 billion until 2025, as Beijing increasingly offers bailouts to countries... Read more
China kept its benchmark lending rates unchanged at a monthly fixing on Tuesday in line with expectations, as authorities appeared to hold off immediate monetary easing following recent rapi... Read more
China’s big internet firms, once known as lavish spenders when it came to external investments and internal employee perks, have tightened their belts in recent months as economic headwinds... Read more
Fosun International, which owns the Club Med chain of resorts, has sold some of its peripheral assets to raise almost $100 million in cash in recent weeks, as credit rating cuts heighten con... Read more
China’s focus of political goals such as COVID-zero over economic objectives is making the country less appealing to European companies as a place to invest, a business group said, calling o... Read more
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