Hong Kong CPPCC members advocate for cross border e-commerce development dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
Hong Kong, with its status as a free port and one of the worlds most liberal economies, offers significant advantages for cross-border e-commerce development, stated Choi Koonshum, a committee member of the Chinese Peoples Political Consultative Conference (CPPCC) and Chairman of the Guangdong-Ho ..
A market participant has made a move to push for a payout on credit default swaps tied to Country Garden Holdings, following reports the Chinese developer missed a bond coupon payment last week.
As more Chinese property developers move towards restructuring billions of dollars of debt, their offshore creditors are expected to face another setback - the prospects of revamp terms being tightened due to a worsening outlook for the county's real estate sector. Developers, financial advisers and bondholders said that could make debt restructuring terms much worse than expected earlier. Sunac China last week became the first property developer to complete the debt revamp process after the sector plunged into a debt and funding crisis in mid-2021, while Country Garden, China's largest private property developer, is expected to start those negotiations soon.
As more Chinese
property developers move towards restructuring billions of
dollars of debt, their offshore creditors are expected to face
another setback - the prospects of revamp terms being.