Chinese Banks

UK court dismisses Chinese bank plea for conditional order in $680 mn claim against RCom chief Anil Ambani

The hearing in the matter took place on 7 November and the order was issued on Monday, a spokesperson for Anil Ambani said in a statement.

Pakistan defence spend may rise 30% but its real enemies are Chinese debt trap, poverty

A steeper-than-expected rise in defence spend wouldn’t be good news for a crippled economy like Pakistan, largely running on Chinese aid.

Look before you leap: A warning for Indian companies flocking to Chinese banks for aid

Chinese banks are offering an opportunity for Indian entrepreneurs but there is a catch: Chinese funding might be cheap but their ability to leverage is not.

China's unofficial lending falters, savers protest

The high cost of underground credit and a global slump caused a wave of business failures last year, prompting owners to flee. Now, those who lent their precious savings for high return are asking the government to get their money back.