The government is suspending repayment of foreign debt pending the completion of a loan restructuring programme with the IMF.
April 14, 2022The G7 and EU will prohibit gold-related transactions involving Russia and ramp up monitoring and information sharing to prevent Russian sanctions evasion.
March 25, 2022EU adds 160 names to sanctions list, extends SWIFT ban to Belarus; New Zealand passes Russia Sanctions Bill. Fitch projects “imminent" sovereign default.
March 10, 2022One option is for foreign shareholders to transfer their shares to be managed by Russian partners until they return to the market at a later date.
March 7, 2022Project mergers and acquisitions between real estate companies are the most effective market-oriented means for the industry to resolve risks, said the PBOC's Zou Lan.
January 5, 2022Banks are asked to support acquisitions of property development projects by healthy real estate companies, including by providing direct loans and facilitating bond issuance.
December 22, 2021Government officials have been dispatched to China Evergrande Group to form a risk management committee to oversee risk management and strengthen internal controls.
December 7, 2021Chinese authorities may be preparing for a major restructuring of Evergrande's debt, as protesting investors demand repayment on overdue wealth management products.
September 17, 2021Evergrande must actively diffuse debt risk and maintain real estate and financial markets stability, the PBOC and CBIRC said in a rare joint statement.
August 24, 2021Government support measures played a “significant role” in alleviating the downward pressure on credit ratings, IOSCO found in its review.
February 16, 2021