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Sept 3 is the 75th anniversary of V-Day of the Chinese People's War of Resistance Against Japanese Aggression (1931-45). President Xi Jinping has spoken of the war on many occasions. Here are some of the highlights from his remarks.
global.chinadaily.com.cn
The recently announced lower interest rate ceiling on non-bank credit will force lenders to vet borrowers more carefully. In the longer term, a debt amnesty could provide a clean slate upon which China could construct Western-style credit infrastructure.
scmp.com
Sept 3 is the 75th anniversary of V-Day of the Chinese People's War of Resistance Against Japanese Aggression (1931-45). President Xi Jinping has spoken of the war on many occasions. Here are some of the highlights from his remarks.
global.chinadaily.com.cn
The recently announced lower interest rate ceiling on non-bank credit will force lenders to vet borrowers more carefully. In the longer term, a debt amnesty could provide a clean slate upon which China could construct Western-style credit infrastructure.
scmp.com