India has expanded its trade inquiries into Chinese products and raised concerns about the ballooning deficit with its neighbour, but analysts say a full-blown trade war is unlikely.
Debt problems that have manifested in Evergrande and Country Garden cases are prompting China’s central bank to step up risk-monitoring of lenders and local government financing vehicles.
China ramps up yuan internationalisation under Belt and Road Initiative | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
China is using loans agreed through its Belt and Road Initiative to promote the yuan internationally, having already boosted the yuan s share of global payments to record levels..
China ramps up yuan internationalization | Inquirer Business inquirer.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.net Daily Mail and Mail on Sunday newspapers.