China faces 2nd corporate bond default amid world’s biggest debt
(17 July) - China faces what would be the second default in the nation’s onshore bond market after a builder said it may fail to make a payment next week, the latest sign of stress in the world’s biggest corporate debt load. Huatong Road & Bridge Group Co., based in the northern province of Shanxi, said it may miss a...
China searches entire bureaucracy in 10 provinces to pinpoint ‘naked officials’
Delegates from numerous provinces attend the NPC meeting in March. China's discipline inspection commission must search the rank and file to find out if there are officials whose relatives live abroad. Photo: Simon Song (15 July, 2014) - All departments must submit reports on cadres' family background to single out those...
Amendments expected for Forest City
Changes are being proposed for Johor’s Forest City to cushion the impact of reclamation project on it surrounding environment. (11 Jul) - SEVERAL major amendments to the original plan for the controversial Forest City project along the Johor Straits are expected as pressure mounts from environmental non-governmental organisations...
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