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  China's 'mysterious' debt rules pushing poorest countries including Pakistan to brink of collapse

  World | May 18, 2023 17:44 IST

  Surprisingly, debt is consuming an ever-greater amount of the tax revenue needed to keep schools open, provide electricity and pay for food and fuel.

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  Amid boycott China movement, Chinese central bank invests Rs 15 crore in ICICI Bank

  Business | August 18, 2020 15:03 IST

  The Chinese central bank signed a cheque of Rs 15 crore in the private bank under the qualified institutional placement. China's central bank, People's Bank of China made an investment in ICICI Bank. The Chinese bank has emerged as one of the investors in ICICI Bank's Rs 15,000 crore capital raising exercise which ended last week.

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  UK High Court to set terms in Chinese banks' claim against Anil Ambani

  Business | February 07, 2020 9:35 IST

  The Industrial and Commercial Bank of China Ltd Mumbai Branch, on behalf of itself, China Development Bank and Exim Bank of China, had sought summary judgment against Ambani over an alleged breach of a personal guarantee on a debt refinancing loan of around USD 925 million in February 2012.

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  Chinese bank launches Pretty Mom credit card

  World | April 19, 2014 14:52 IST

  Beijing: The Agricultural Bank of China (ABC) has issued a new credit card targeting young mothers for their love of shopping and their greater say in the family budget.The cards focus on the needs of