The contraction of the economy and cash shortages have been stretching the management abilities of the newly installed leadership of the Chinese Communist Party.
Tags: China
Asian equities hurt by Fed policy, China's PMI
Asia-pacific investors continue to fret due to Fed’s quantitative easing and China’s economic slowdown.
China Allays Banking System Liquidity Fears
The chairman of the Chinese Banking Regulatory Commission allays fears of liquidity issues saying that the system has sufficient funds to cover all settlements.
Bankrupt Suntech extends forbearance agreement
Suntech extended its forbearance agreement with its bondholders. (Photo : Reuters)The image is the frontage of the corporate headquarters of Suntech. Chinese solar energy and systems manufacturer Suntech Power Holdings Company extended a forbearance agreement with what it says as "a majority" of its unpaid convertible bond holders.
GE Sells Off Leasing and Rental Business to HNA Group
GE has accepted the offer for TIP Trailer Services business from the China based HNA Group. (Photo : Reuters)The image is the GE logo atop its corporate headquarters.
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Asian markets buckled badly after the Federal Reserve indicated eventual end to free money on Thursday.
Stock markets from Asia and Australia prepared for a decline after the United States began to withdraw stimulus.
Investors are pulling back from placing bets on emerging markets due to risks brought about by China.
Spreadtrum, a Chinese cellphone chip designer said it received a buyout proposal from Tsinghua Holdings priced at US$1.38 billion.
Russia's Rosneft agreed to double its oil supplies to China on Friday. (Photo : Reuters)The image shows the company logo in a Rosneft petrol station.
Patrick Wolff is betting that China's markets would crash. (Photo : Reuters)The image is a Chinese bourse board in the red. Patrick Wolff, the chess master who became a hedge fund manager is predicting a stock market crash to happen in China.
Chinese security agency CSRC halted the upcoming IPO of Tianfon as part of its anti-fraud campaign. (Photo : Reuters)The Chinese flag waiving in front of rising business sectors The government of China is reported to have started its investigation of Everbright Securities Co.
In a bid to uplift consumer confidence, Beijing's Central Huijin Investment Co had invested in banks in the form of share purchases.
Investors said that emerging market assets are prone to inflation, making them a very risky place to invest in.
