Purpose Of International Business Companies
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Stocks in the U.S. are falling dramatically today following the three-month low for China's benchmark stock index, the Shanghai Composite Index. As a measure of how big the slide is compared to Greece's financial crisis, China's stock market is losing multiple times the value of Greece's GDP almost daily, Bloomberg reported. Investors are concerned about the major sell-off in China and that ... Read News
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CHAPTER 6
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Purpose Of International Business Companies
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China Stock Market 'Crash'? Don't Panic...Yet
If you have entered "China" into the news tab of any search engine over the last week, you have likely found that the first 100 or so results were stories on "China's Stock Market Crash". There has been much wailing and gnashing of teeth from global and local investors, governments, media and China watchers and experts. "Meltdown," "rout," "crash" read the headlines. The sensational terminology ... Read News
China’s Companies At Risk Of Stock-backed Loan Recalls
SHANGHAI/BEIJING (Reuters) - Chinese companies that borrowed money using shares as collateral may have to put up more assets or repay their debts, carrying the ripples from the stock market plunge into the wider economy. "There is no doubt all the companies are facing a financing dilemma," said Zhang Jihong, board secretary at Hubei Landing Holding Co Ltd <000971.SZ>, a textile company that ... Read News
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