Ever since Chinese regulators lowered the red-tape barriers to green bonds, there’s been an outbreak of issuances. It might be good for treasury working capital, but is it healthy?
A battle over the soul of supply chain finance is raging as fintechs slam banks as outdated, banks accuse fintechs of being lightweights and the rating agencies who insist that trade credit is not debt
Fitch Ratings has flagged how forward-looking ESG-related metric gives investors a clearer idea of how such risks can impact the corporate debt they seek to invest in.
After a two-year suspension, China’s forex authority outlined last week it would make it easier for foreign companies to implement cross-border liquidity and payment structures once more
In one month, China’s foreign exchange regulator has fined 48 corporates, banks and individuals. European chemistry giant Solvay, as well as HSBC, are on the list.
China’s leading optical device manufacturer has seen the equivalent of $29 million wiped out on the back of the renminbi’s devaluation. Meanwhile, the PBoC’s latest move is adding to its pain.
It's like nothing China's treasurers have seen in the past 10 years; a toxic combination of defaults, US rate hikes, a downturn at home, regulatory interference and trade tensions are killing bond issuance.