A Chinese miner that defaulted this week held an emergency creditors' meeting on Friday to address potentially "huge credit risks", as a series of defaults by top-rated state-owned enterprises (SOEs) ... ( read original story ...)
Financial sector reform to enhance performance
China will further open up its financial sector and experiment with financial reform in certain regions to better serve major strategies for regional development, officials said. Fu Pingjiang, head of ... ( read original story ...)
CIIE, engine of stimulating global trade during pandemic: Pakistani Consul General Shanghai
China has led the efforts for the fight against COVID-19, and now China is also leading the efforts for global economic recovery,” Hussain Haider, Consul General at the Consulate General of Pakistan ... ( read original story ...)
CGTN: Shanghai’s Pudong to be pioneer in China’s new reform drive
PRNewswire/ -- After 30 years of development and opening-up, Pudong in east China's Shanghai Municipality has been given two new roles in the ... ( read original story ...)
Stress in China’s Credit Market Spills Over to Financial Stocks
The default of a Chinese coal miner has triggered mounting concern over the health of state-owned firms and their lenders. ( read original story ...)
Franklin’s triple-double leads Shanxi past Shanghai
Jamaal Franklin had 44 points, 14 rebounds and 18 assists to help the Shanxi Loongs edge Shanghai Sharks 121-118 in the 2020-21 Chinese Basketball Association (CBA) on Thursday. Shanxi took the lead ... ( read original story ...)
China’s Stock Markets Flopped at Opening Amid Weak Mood
Chinese stock markets opened lower as investors were cautious and uncertain about the future. The Shanghai Composite Index started off at 3,327.23, down 0.34 percent, while the Shenzhen Component ... ( read original story ...)