Nigeria runs to China to finance 2016 budget - NAIJ.COM

NAIJ.COMNigeria runs to China to finance 2016 budgetNAIJ.COMNigeria is set to secure a loan from China to finance the 2016 budget, Reuters is reporting. According the report, Kemi Adeosun, minister of finance, and Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), are to visit China for the $2 ...Nigeria to seek China loanIndependent OnlineNigeria may open $2bn loan negotiation with ChinaDaily Sunall 32 news articles »

Ezubao owner Ding Ning is one of 21 people arrested over what could be the biggest financial fraud in Chinese ... - NEWS.com.au

NEWS.com.auEzubao owner Ding Ning is one of 21 people arrested over what could be the biggest financial fraud in Chinese ...NEWS.com.au... citing police as estimating 900,000 investors had fallen victim to the scam. Ezubao claimed to be a peer-to-peer lender, which matched investors with potential borrowers over the internet, and had quickly become China's leading online financing ...Chinese Ponzi Scheme: Online Finance Company Ezubao Cheated Nearly 1M Investors Of $7.6BInternational Business TimesOnline Lender Ezubao Took $7.6 Billion in Ponzi Scheme, China SaysNew York TimesAlmost one million investors lose 5.3bn in massive China Ponzi scamTelegraph.co.ukFinancial Times -BBC News -Yahoo Singapore Newsall 393 news articles »

Bass: China bank crisis 5X worse than subprime - Yahoo7 News

Yahoo7 NewsBass: China bank crisis 5X worse than subprimeYahoo7 News"Similar to the U.S. banking system in its approach to the Global Financial Crisis (GFC), China's banking system has increasingly pursued excessive leverage, regulatory arbitrage, and irresponsible risk taking," Bass, the founder of Dallas-based Hayman ...Bass says China bank losses may top 400% of subprime crisisTHE BUSINESS TIMESall 34 news articles »

The new Big Short: China may soon rock the global financial system - Sydney Morning Herald

Sydney Morning HeraldThe new Big Short: China may soon rock the global financial systemSydney Morning Herald"The Chinese financial system is over-stretched. China let the banking system grow 1000 per cent in 10 years. Ten years ago it was less than US$3 trillion in assets. Today it is US$34.5 trillion. That's three and a half times their GDP. And they haven ...and more »

China's Biggest Ponzi Scheme Shows Rot in Internet Financing - Bloomberg

BloombergChina's Biggest Ponzi Scheme Shows Rot in Internet FinancingBloombergAlmost overnight, Ding Ning and Zhang Min struck it rich with the hot new thing in Chinese finance. In 18 short months, they transformed an old-line industrial company into an Internet phenomenon through the seeming magic of peer-to-peer lending. It ...It's a Chinese Ponzi scheme that should really scare usTelegraph.co.uk'Why I invested in China's giant Ponzi scheme'Yahoo Singapore NewsWhy a Chinese Ponzi scheme that preyed on poor farmers should scare us much more than Bernie Madoff's fraudFinancial PostReutersall 89 news articles »

Chongqing mayor Huang Qifan tipped to become China's finance tsar - South China Morning Post (subscription)

South China Morning Post (subscription)Chongqing mayor Huang Qifan tipped to become China's finance tsarSouth China Morning Post (subscription)Chongqing mayor Huang Qifan has been hand picked by President Xi Jinping as the man to streamline China's chaotic financial markets, with a source close to the mainland's top financial regulator saying the decision would ?significantly? change the ...and more »

China Trade Following China Finance - Seeking Alpha

Yahoo Finance UKChina Trade Following China FinanceSeeking AlphaChinese exports in December were better than feared, declining by just 1.4% against some expectations of an 8% decline. However, there were significant questions in the data, starting with year-end contract projections, unverified accounts that don't ...China holds line on yuan, stocks weaken againYahoo Finance UKChina turmoil batters faith in Beijing's management skillsYahoo Singapore NewsFight or flightThe EconomistYahoo News -Yahoo7 News -Bloombergall 3,109 news articles »

China's financial giants hammered in discipline review - South China Morning Post (subscription)

South China Morning Post (subscription)China's financial giants hammered in discipline reviewSouth China Morning Post (subscription)Among the 21 financial regulators and institutions that came under review, China Development Bank, the country's biggest policy bank, and China Investment Corporation, the mainland's sovereign wealth fund, are among the major fund contributors to the ...and more »

China Finance Data, Recovering Crude Prices Give Investors Comfort On Wall Street - Headlines & Global News

Headlines & Global NewsChina Finance Data, Recovering Crude Prices Give Investors Comfort On Wall StreetHeadlines & Global NewsAfter a very rough start in 2016, Wall Street has finally managed to take a breather on Wednesday, as crude oil prices showed some recovery and Chinese trade data showed positive figures, according to Reuters. For the first time in eight days, crude ...

China finance ministry to auction 80 bln yuan of 9-month deposits - Economic Times

China finance ministry to auction 80 bln yuan of 9-month depositsEconomic TimesBEIJING: China's finance ministry will auction 80 billion yuan ($12.17 billion) of 9-month deposits to commercial banks on Jan. 19, the Finance Ministry said on Wednesday. The sales, like previous auctions, is part of the finance ministry's cash ...

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