debt

China Evergrande, tentative proposal for offshore bond restructuring Exchange with shares of Hong Kong listed subsidiary | Reuters

On the 29th, China Evergrande Group announced a tentative policy of presenting a restructuring proposal including a stock exchange of two affiliated companies for foreign currency debts that have not been paid. Pictured is China Evergrande headquarters building. FILE PHOTO: Shenzhen, China January 2022. REUTERS/David Kirton [香港 ２９日 ロイター] – China Evergrande Group, a major … Read more

193 billion dollars in debts for 10 airlines in two years

Airlines are struggling to get back into the skies after two years of travel restrictions, leaving passengers facing a frustrating barrage of delays and cancellations. Experts expect the continuing impact of the Corona epidemic crisis for years to come on the aviation industry, as the largest transport companies in the world work to eliminate billions … Read more

Mortgage crisis smells in China – Mir – Kommersant

Quotes of Chinese developers fell by 7-8% after reports of massive non-payment of borrowers. On the eve it became known that homebuyers at about 100 properties in more than 50 cities across the country refused to pay loans. Most of the non-payments are due to projects that are not completed due to defaults of developers … Read more

Crisis in Sri Lanka: how the country was drowned in debt by China-financed “white elephants” | International

Critics use Sri Lanka as an example of the “debt trap” to which China is subjecting several countries in the world, especially African ones, forced according to them to make exaggerated commercial or diplomatic concessions to delay repayments. A brand new international airport with no traffic, an inactive conference center or a port ceded to … Read more

China not cooperating on debt issues “very frustrating” = US Treasury Secretary | Reuters

US Treasury Secretary Janet Yellen (pictured), who is visiting Japan, said on the 12th that China was “extremely frustrated” because China was not cooperating in debt restructuring in low-income countries, and the United States had talked with China several times on this issue. Stated. The photo is on the 8th of last month (2022 Archyde.com … Read more

What are the repercussions of the drop in the price of the euro against the dollar to the lowest level in 20 years?

Posted in: 06/07/2022 – 23:00 On Wednesday, the euro recorded its lowest level, reaching less than $1.02, in a sharp decline not seen in twenty years. This has had repercussions and repercussions on several levels, such as inflation, the purchasing power of families and companies, growth, debt, and the European Central Bank as well. The … Read more

Sichuan Hebang Biotechnology Co., Ltd. Announcement on the Progress of Providing Guarantees_Wujun_Solar Energy_Foreign

Original title: Sichuan Hebang Biotechnology Co., Ltd. Announcement on the Progress of Providing Guarantees The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the content of this announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its content. … Read more

The Central Bank: Egypt has paid 10 billion dollars in foreign debts since the beginning of this year

Data from the Central Bank of Egypt showed that these amounts were directed to repay outstanding international loans and bonds, which reflects Egypt’s commitment to pay all dues on time. Earlier this week, the Central Bank announced the payment of an outstanding external debt estimated at about two billion dollars during the month of May, … Read more