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George Soros and some other Investors worry about China’s debt
HONG KONG: Some prominent investors are worried about China’s debt. George Soros sees an “eerie resemblance” between conditions in China now and those in the US leading up to the financial crisis in 2008.
London house-price index falls to 7-year low
LONDON: A measure of London house prices fell to its lowest level since the height of the financial crisis as Brexit sent shock waves across the UK.
China FDI up 2.2 percent in March to US$12.4bil
BEIJING: China drew US$12.4 billion in foreign direct investment (FDI) in March, up 2.2 percent from a year earlier, the Commerce Ministry reported on Thursday, while outbound non-financial investment rose 0.4 percent to $8.39 billion.