Browsing: headache

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PBOC’s Yuan support through fixing causes headache for companies

December 26, 2023

INTERNATIONAL DESK: China’s central bank has used an artificially strong reference exchange rate to defend a weak currency this year.…

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China’s property crisis: Evergrande, Shimao and other fallen tycoons rush for lifelines to fix US$232 billion debt headache

March 25, 2023

INTERNATIONAL DESK: China’s post-pandemic recovery is sending a clear and urgent message to the nation’s fallen property tycoons: shape up,…