(Bloomberg) President Xi Jinping’s signature infrastructure gambit was supposed to connect Asia, Africa and Europe through a network of railroads and trade deals, cementing China’s global influence. A decade on, it’s run into a diplomatic wall at the European border. Most Read from BloombergHere’s What 8% Mortgage Rates Will Do to the Housing MarketRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearWall Street Hit by Volatility on Geopolitical Risk: Markets WrapIsrae
China Credit Stress Eases, With Local Defaults Falling Despite Raging Property Crisis bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Three people are dead after a Philippine fishing boat collided with an oil tanker in what the nation’s coast guard described as an accident near a disputed South China Sea shoal.Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsKevin McCarthy Ousted as US House Speaker by Republican DissidentsWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, Its CEO Sa
China Developer Distress Builds, Clouding Junk Bond Rebound bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.