Sources: CNN Alibaba is coming off what was likely a big quarter for its e-commerce business. But China’s most famous tech firm is still poised to face nervous investors on Tuesday as a regulatory crackdown by Beijing and co-founder Jack Ma’s fall from grace cast a shadow over its future.The company is expected to report …
Alibaba prepares to face investors as crackdown in China intensifies Read More »
SOURCE : REUTERS The poorest countries’ official bilateral debt to G20 countries reached $178bn in 2019, with 63 percent owed to China. China has extended debt relief to developing countries worth a combined $2.1bn under the G20 framework, the highest among the group’s members in terms of the amount deferred, the country’s finance minister Liu …
China says has given debt relief of $2bn to developing countries Read More »
Source: CNN Business China is cashing in on fears that the West’s faltering economic recovery will keep interest rates near record lows for a long time. The Chinese government issued debt at a negative interest rate for the first time on Wednesday in a bond sale that attracted significant investor interest, according to Deutsche …
China borrows at negative interest rates for the first time Read More »