While much of the Western developed world was glued to the mutiny in Russia over the weekend, much of the developing world contemplated a debt crisis that has both governments and individual families struggling to pay their...
The following censorship instructions, issued to the media by government authorities, have been...
Ministry of Foreign Affairs spokeswoman Hua Chunying expressed condolences on Wednesday for the death of Venezuelan leader Hugo Chavez. From Xinhua, which set up a special feature page on the president’s passing:...
One of America’s largest property developers has secured $1.7 billion of financing from a Chinese bank to build two San Francisco housing projects, but on the condition that a Chinese state-owned construction company have...
Asia Sentinel looks at reforms at the China Development Bank: Approval should come soon for the 14-year-old bank to list on the stock market in the first half of this year, and it should quickly become both a major lender to the...
From Reuters: China on Monday announced a $20 billion capital injection into China Development Bank, one of the country’s three policy lenders, as part of a long-planned transformation of the state-owned company into a commercial bank. The move is likely to result in a multi-billion dollar stock market listing of the bank, aimed at raising […]
From Business Report: State policy lender China Development Bank on Wednesday denied reports that it is involved in the purchase of a stake in mining company Rio Tinto . “There’s no matter like this,” Yang Hua, a spokeswoman at the Chinese policy bank said. The German daily newspaper Handelsblatt wrote in an advance copy of […]
From Caijing.com.cn: China’s recent US＄ 3 billion injection into the U.S. private equity firm Blackstone Group may have attracted more media attention, but the Beijing government also turned heads by creating a huge, PE hybrid designed to accelerate development in Africa. The China-Africa Development Fund was launched in June with an initial US＄ 1 billion […]
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