Beijing is emerging as a new heavyweight in providing emergency funds to debt-ridden countries, catching up to the I.M.F. as a lender of last resort.
Tag: China
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Meet the Xi Jinping Loyalist Now Overseeing China’s Economy
He Lifeng’s long career in government has spanned the extremes of China’s approach, from the early embrace of small business in the 1980s to today’s tighter state control.
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How China Keeps Putting Off Its ‘Lehman Moment’
Chinese regulators have proven the financial doomsayers wrong again and again. But their biggest test may yet lie ahead.
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In China, Marriage Rates Are Down and ‘Bride Prices’ Are Up
China’s one-child policy has led to too few women. Grooms are now paying more money for wives, in a tradition that has faced growing resistance.
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In Blow to Taiwan, Honduras Switches Relations to China
The Central American country changed diplomatic recognition to Beijing, leaving 12 nations and the Vatican still recognizing Taiwan as a sovereign state.