Sunday, July 26, 2020

Chinese banks brace for bad debt blowout as coronavirus pande…

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As China Suffers From Severe Flooding, Regime’s Leaders Disappear From Public

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China–India border crisis reaches new heights

Authors: Harsh V Pant and Kartik Bommakanti, ORF The latest crisis to engulf China and India erupted over their disputed...

Xinhua world news summary at 0530 GMT, July 21

BRUSSELS -- Leaders of the European Union (EU) reached a landmark deal on Tuesday after four days of...

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Red Alerts in China as Floods Maroon Equipment Needed to Fight Virus

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Three leading Chinese state-owned banks reported that their non-performing loan ratios had stayed largely stable in 2019 even as the economy slowed amid a trade war with the US.But bank officials and analysts expect their asset quality to worsen this year as the coronavirus strains the financial health of their borrowers.Major Chinese lenders started reporting their full-year results on Friday. Ahead of Friday’s results, Fitch Ratings said in a press release on Thursday that it expects Chinese…

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As China Suffers From Severe Flooding, Regime’s Leaders Disappear From Public

As hundreds of millions are impacted by historic flooding in China, the Communist Party leadership’s noticeable absence drew...

China–India border crisis reaches new heights

Authors: Harsh V Pant and Kartik Bommakanti, ORF The latest crisis to engulf China and India erupted over their disputed border in early May 2020,...

Xinhua world news summary at 0530 GMT, July 21

BRUSSELS -- Leaders of the European Union (EU) reached a landmark deal on Tuesday after four days of intensive negotiations over a budget...

Global value chains aren’t going anywhere

Author: Christian Bachheimer, Singapore Countries across the world are already attempting to decouple global value chains (GVCs) in preparation for the post-COVID-19 future. This is...

Red Alerts in China as Floods Maroon Equipment Needed to Fight Virus

SHANGHAI—Large parts of China were reeling on Friday from the worst floods in decades, as disruption mounted for supply chains, including for personal...

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