China's lack of experience with tricky debt restructurings and slow coordination among its public lenders is holding up debt relief for Zambia, a test case for the top emerging market creditor, three sources familiar with the matter said.
BEIJING (Reuters) -China's factory activity fell at a slower pace in May as COVID-19 curbs in major manufacturing hubs eased, but movement controls continued to weigh on demand and production, raising concerns about economic growth in the second quarter.
China's factory activity contracted at a slower pace in May as COVID-19 curbs in major manufacturing hubs were relaxed, but movement controls still depressed domestic demand, restrained production and weighed on the economy in the second quarter.
BEIJING (Reuters) -China's factory activity fell at a slower pace in May as COVID-19 curbs in major manufacturing hubs were relaxed, but movement controls continued to weigh on demand and production, raising doubts about economic growth in the second quarter.
China's non-financial outbound direct investment (ODI) in the first four months of the year rose 4.5% from a year earlier to $35.88 billion, the commerce ministry said on Monday.
Macquarie Asset Management, a part of Australia's Macquarie Group Ltd, said on Tuesday it had raised $4.2 billion for its third fund dedicated towards Asia-Pacific regional infrastructure, much beyond its $3 billion target.
Bitcoin rose 7.93 % to $31,780.51 at 2200 GMT on Monday, up $2,334.8 from its previous close.
China receives US equipment to make advanced chips despite new rules - report
China receives US equipment to make advanced chips despite new rules-report
U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
Google's expert in US antitrust trial defends billions paid to device makers
Post-strike Hollywood rushes to get film, TV sets humming
