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Inter chief Zhang says 'stability' threatened by debt deadline - Vimarsana News

Inter chief Zhang says 'stability' threatened by debt deadline

Inter Milan president Steven Zhang said on Saturday that the Serie A champions' financial stability was being threatened by investment fund Oaktree as owners Suning scrambled to repay a debt of nearly 400 million euros.Suning could cede control of the club if they don't make good on their debt and Zhang, who hasn't been to Italy for months and lost a court case with China Construction Bank over personal debts of 320 million euros, claimed that Oaktree had been actively obstructing negotiations.

Source: yahoo.com
Chinese spending on consumer goods jumps under trade-in program; policy to open up huge market worth trillions of yuan - Vimarsana News

Chinese spending on consumer goods jumps under trade-in program; policy to open up huge market worth trillions of yuan

The National Development and Reform Commission (NDRC), China’s top economic planner, held a symposium in recent days with representatives of private companies on trade-ins of large-scale equipment and consumer products, according to a post seen on Monday on the NDRC's WeChat account.

Inter's Future Bright under Inzaghi but Off-field Uncertainty Reigns - Vimarsana News

Inter's Future Bright under Inzaghi but Off-field Uncertainty Reigns

Inter Milan are flying high after sealing the Serie A title by winning the Milan derby but off-field uncertainty is still the order of the day for the new Italian champions. Last season's run to the Champions League final looked like a one-off for Inter, one of Europe's grand clubs who like much of the continent's football royalty have to deal with a huge resource gap to the Premier League and state-backed clubs like Paris Saint-Germain, AFP said.

Source: aawsat.com
Zhang, the debt will be transferred: "Haifen? Rumor has it that Oaktree..." - Vimarsana News

Zhang, the debt will be transferred: "Haifen? Rumor has it that Oaktree..."

It remains to be seen who will be the champion that extends the Zhang family's control over InterThese are crucial days for understanding the future

China's climate goals: action plan calling for renewal of equipment can also boost green transition, experts say - Vimarsana News

China's climate goals: action plan calling for renewal of equipment can also boost green transition, experts say

China wants to ditch old equipment and products for new ones to boost its economy, and this campaign can help its green-transformation drive, if done right, climate experts and green enterprises say.

Source: scmp.com