China’s banking system is still suffering whiplash from its pandemic-era practices

Misuse of loans and an ongoing real-estate crisis are pushing up default rates and exposing weaknesses in banks’ lending practices.

Topics

We’re all suffering from qualitynesia now

Borne along on the tide of technology, it is far too easy to forget that some things really were better quality in the past
Financial Times - 19h
China's Flood of Cheap Goods Is Angering Its Allies, Too

The deluge of inexpensive items washing over the developing world is jacking up tensions between China and the Global South, complicating Beijing’s plans to build alliances as it confronts trade ...
The Wall Street Journal - 19h
Bank of America signs again with FIFA for US-hosted Club World Cup that still has no TV deals

Bank of America has teamed with FIFA for a second time
ABC News - 1h
Alex Ovechkin skates before Capitals practice as he works to return from a broken leg

Alex Ovechkin skated by himself before Washington Capitals practice as he works to return from a broken leg
ABC News - 1d
South Korea's president rescinds his martial law declaration. Its government is still in crisis.

The first declaration of martial law since South Korea's democratization in 1987 will be lifted, the country's president said after facing pushback.
Yahoo Sports - 3h
Enron Announces Its Return From the Dead With Crypto Patents and a Bunch of Merch

From the people who brought the world ‘Birds Aren’t Real’ comes a sequel befitting 2024’s Bitcoin rallies and general absurdity.
Inc. - 1d
China's AI balancing act — beating the U.S. but keeping the tech from threatening Beijing's rule

Prominent AI scientist Max Tegmark said the narrative of a geopolitical battle between the U.S. and China racing to build the smartest AI is a "suicide race."
CNBC - 15h
U.S. officials ‘still working to expel’ Chinese hackers from massive telecom breach

U.S. officials update reporters on it’s investigation into a massive and ongoing Chinese hack of multiple U.S. telecom companies. NBC News Justice and Intelligence Correspondent Ken Dilanian ...
NBC News - 2h
High snow totals for U.S. as another system moves East

A break from the snow in the Northeast may come to a close as another weather system threatens parts of the U.S. CBS News' Rob Marciano looks at the weather impact.
CBS News - 2h
Singapore gets tough on commodity trading practices after series of scandals

Long jail sentence for 82-year-old former oil trader is sign of ‘zero tolerance’ for fraud
Financial Times - 19h

China’s banking system is still suffering whiplash from its pandemic-era practices

Topics

Related

We’re all suffering from qualitynesia now

China's Flood of Cheap Goods Is Angering Its Allies, Too

Bank of America signs again with FIFA for US-hosted Club World Cup that still has no TV deals

Alex Ovechkin skates before Capitals practice as he works to return from a broken leg

South Korea's president rescinds his martial law declaration. Its government is still in crisis.

Enron Announces Its Return From the Dead With Crypto Patents and a Bunch of Merch

China's AI balancing act — beating the U.S. but keeping the tech from threatening Beijing's rule

U.S. officials ‘still working to expel’ Chinese hackers from massive telecom breach

High snow totals for U.S. as another system moves East

Singapore gets tough on commodity trading practices after series of scandals

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