China’s property market downturn is likely to persist this year with slower home sales and construction activity, hobbled by “structural…
Read More »Fitch Ratings
Fitch Ratings downgraded some of developer China Vanke’s bonds deeper into junk territory, adding to the list of challenges that…
Read More »China’s efforts to consolidate its small banks have led to a sharp reduction in their numbers as regulators work to…
Read More »China’s attempt to revive the local property market has helped stabilise sentiment among homebuyers, according to Fitch Ratings. They are…
Read More »Over the past few months, several major Chinese developers have secured fresh approvals for their debt restructuring plans, with creditors…
Read More »But on Friday, the Ministry of Industry and Information Technology (MIIT) halted the system as it sought to consult relevant…
Read More »Beijing has doubled subsidies granted to electric vehicle (EV) buyers, just three months after it rolled out incentives to accelerate…
Read More »Fitch forecasts Pakistan’s FY25 budget to significantly reduce government debt, which is projected to decline to 68% of GDP by…
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