Exclusive: China ready to reduce rates once again on fears of deflation – sources
BEIJING (Reuters) – China's leadership and central bank are ready to reduce interest prices once more and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, organization failures and job losses, stated sources …
Read more on Reuters
China developer Dalian Wanda nears billion listing right after exchange nod
HONG KONG (Reuters) – Chinese developer Dalian Wanda Industrial Properties Co has won approval from Hong Kong's stock exchange for an initial public supplying (IPO), which could be worth up to $ six billion, according to a source with direct information of …
Read much more on Reuters
China's Fosun outbids Italy's Bonomi with sweeter Club Med supply
Guo has described Club Med as an excellent investment to tap booming Chinese demand for the type of leisure it gives for China's harried and increasingly affluent city dwellers to loosen up. Indeed, the French company aims to make China its second-largest …
Read more on Reuters