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China expands access to loans for property developers, acting to end its prolonged debt crisis

China has rolled out new rules meant to expand access to commercial bank loans for property developers as Beijing doubles down on its effort to end a prolonged crisis in the real estate industry. The policies will allow real estate companies to use bank loans pledged against commercial properties such as offices and shopping malls to repay their other loans and bonds and to cover operating expenses.
Krung Thep Mahanakhon Hong Kong People Bank National Financial Regulatory Administration Communist Party China Evergrande
Source: yahoo.com

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[Herald Interview] 'US election main risk for Korean chip, EV makers'

This year’s US presidential election is expected to be the biggest geopolitical risk for Korean companies already reeling from supply chain disruptions and protectionist policies amid an escalating Washing-Beijing rivalry, according to a global specialist in risk management. “The US election could have more direct impacts on Korean businesses in several markets (compared to other risk factors),” sai...
United States South Korea Andrew Gilholm Samsung Electronics Greater China North Asia

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