It’s the second such “emergency assistance loan” that the NDB has provided to one of its member countries (Brazil, Russia, India, China, South Africa) after it handed out a similar amount to China in ... ( read original story ...)
BRICS’ New Development Bank provides USD 1 billion loan to India to fight COVID-19
The NDB has fully disbursed USD one billion emergency assistance loan to India Beijing: The New Development Bank of the BRICS countries has fully disbursed USD one billion emergency assistance loan to ... ( read original story ...)
Shanghai unveils plan to replicate ‘China’s Wall St’ along North Bund waterfront, boost economic activity
Shanghai will give its North Bund a facelift, turning the 3.3 square kilometre waterfront area into another Lujiazui, as part of efforts to shake off worries about economic underperformance amid the ... ( read original story ...)
IPOs Help Lift China To Record On Forbes Global 2000 List
China, including Hong Kong, notched a record performance on this year’s Global 2000 survey of the world’s 2,000 top publicly traded companies. ( read original story ...)
China’s banking regulator tightens oversight on financial data reporting
This is a rare occasion for the China Banking and Insurance Regulatory Commission (CBIRC) to levy fines on banks regarding data reporting issues, according to Wednesday's Shanghai Securities News. The ... ( read original story ...)
BRICS’ new development bank provides $1 billion loan to India to fight pandemic
The New Development Bank of the BRICS countries has fully disbursed USD one billion emergency assistance loan to India to help it contain the spread of COVID-19 and reduce human, social and economic ... ( read original story ...)
Debt-laden Chinese developer Tahoe under fire from ‘anxious and desperate’ customers amid doubts over completion of Beijing, Shanghai projects
Troubled Chinese luxury villa developer Tahoe Group is facing pressure from hundreds of customers who fear its projects under construction in Beijing and Shanghai might fail and never be completed.The ... ( read original story ...)