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Monthly Archives: May 2021
China’s domestic debt crisis: Huarong’s race to prevent a debt disaster…
.. They call this a moment of reckoning. #China has for more than a decade avoided a debt crisis by rolling over obligations and other stratagems. At some point—not now but soon—it will no longer be able to avoid a … Continue reading
China braces itself for $1.7 trillion maturity wall as defaults surge…
.. 🇨🇳 corporate bond tab now stands at a massive $1.3TRIllion USD of domestic debt payable in the next 12 months. That's 30% more than US companies owe, 63% more than in all Europe. All coming due at time when … Continue reading
Videos: 21 runners die in freezing weather during ultramarathon in Gansu, northwestern China…
.. .. Harrowing details from survivors of #China’s ultramarathon tragedy. Luo Jing says runners were stopped on the trail, trembling. ‘The wind on the mountain is so strong,’ she said in a Weibo video she posted. 21 runners dead in … Continue reading
Zahid Hamidi’s foreign visa system and One-Stop center Trial: Acquitted of all 40 charges (23 Sept 2022)
.. Zahid Hamidi: Acquitted of all 40 graft charges in the VLN/UKSB case (23 Sept 2022)*Zahid still faces 35 charges in the Kuala Lumpur High Court for money laundering and criminal breach of trust involving millions from Yayasan Akalbudi and … Continue reading
