China’s crackdown on borrowing by local governments is forcing state-run entities in even some of the wealthiest provinces to tap costly credit from non-bank lenders, a stopgap that is increasing risk in an opaque corner of the financial system. The borrowing marks a return of China’s shadow-banking market, which is more loosely regulated than traditional lenders and had been reined in over the past few years in a bid to reduce risk. Since September, industrial investment arms and financing... Economics
China Shadow Banks Back in Spotlight With Loans for Ailing Firms Bloomberg.com Economics
China's Risky Shadow Banks Back in Spotlight After Xi's Debt Crackdown Bloomberg.com Economics
China pledged to “actively consider” helping Syria with post-war reconstruction when its new foreign minister visited Beijing earlier this month. But analysts said the two sides needed to first overcome the major hurdle of militant groups linked to China’s Xinjiang region integrated into the Syrian armed forces. Chinese Foreign Minister Wang Yi told his counterpart Asaad al-Shaibani on November 17 that the two sides should gradually resume exchanges, adding that Beijing would consider helping... Politics
Reuters Investigation Reveals China's Civilian Shadow Navy Practices for Invasion of Taiwan gCaptain Events
China Is Building a Secret Shadow Fleet to Import Sanctioned Russian LNG UNITED24 Media Politics
The first shipment of iron ore from Guinea’s US$20 billion Simandou mine will be flagged off with the project’s inauguration on Tuesday, a development that is set to reshape global supply and pricing once commercial exports reach full capacity. Most of the steelmaking resource extracted from Simandou – the world’s largest known undeveloped reserve of high-grade iron ore – is expected to go to China, given the heavy investments by Chinese firms in the project. However, as railway and port... Politics
Klingbeil in China: Helpful dialog or shadow foreign policy? Table.Briefings Events
China’s Shadow Looms Over Trump’s Summit With Central Asian Leaders The China-Global South Project Politics