FINANCE - BANKING

IMF welcomes Chinese efforts to tackle high corporate debt, bad loans

WASHINGTON - The International Monetary Fund (IMF) said Tuesday that China's efforts to deal with excessive corporate debt and nonperforming loans are welcoming and...

INDUSTRY

Mandarin becomes a new vehicle for automakers

Nicholas Speeks, President and CEO of Beijing Mercedes-Benz Sales Service Co Ltd, speaks during the 14th Beijing International Automotive Exhibition, also known as Auto...

Even China’s tech billionaires not safe from phone scams

Xiaomi's CEO Lei Jun accepts interview in Beijing, March 5, 2016. Today's cell phone scammers are so wily that even tech tycoons risk being...
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Economy

China’s debt unlikely to trigger shocks, says Moody’s

A jogger runs on the Bund after a rain with the skyline of skyscrapers and high-rise buildings in Shanghai, Nov 7, 2013. Despite debt...

Real Estate

Homebuyers burned by price-cooling measures

On March 24, the day before the new property rules were introduced, thousands of hopeful home buyers descended on real estate companies such as...