Real Estate Crisis Triggers New Alarms Over China's Shadow Banks
A financially troubled firm has stopped paying investors, risking panic and testing the Chinese government’s resolve to take on debts from its property crisis.
Source: nytimes.com
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Power agreement hastens timeline for Laos' Pak Beng Dam — Radio Free Asia
Construction can begin, but compensation for villagers remains unresolved.
Source: rfa.org
Friday preview: Investors eye Powell speech at Jackson Hole
With no corporate releases of note due on Friday, investors will turn their attention to a speech by Federal Reserve chair Jerome Powell at the central bank's symposium in Jackson Hole, Wyoming.
Source: sharecast.com
China's Financial Giant Has Delayed Payments, Causing Concern Among Investors, Regulators | HNGN
Multiple investors have stated that Zhongzhi businesses have failed to make payments. Multiple investors have reported that companies affiliated with Chinese giant Zhongzhi have failed to make payments, raising concerns about the stability of China's wealth management sector and its connections to the country's faltering real estate market.
Source: hngn.com
Across China: Technical innovation leads "sock capital" on fast track
HANGZHOU, Aug. 10 (Xinhua) -- The world largest hosiery production base in east China Zhuji City, dubbed as the sock capital, has been on a fast track of develo
Source: shanghaisun.com