One after another, the companies began to crumble as they could not pay their bills. More than 50 Chinese property developers have defaulted or failed to make debt payments in the last three years, NYT reported citing credit ratings agency Standard & Poor’s.
The Wall Street Journal on Saturday reported that investors fearing a 'Lehman moment' in China are threatening the solvency of the country's financial system.
“Our heartful appreciation to @IndiaCoastGuard for the timely and professional medical evacuation of a Chinese citizen in the Arabian Sea off Mumbai,” tweeted the Chinese Embassy in India.
Two Pakistani security personnel were also injured when the cavalcade of engineers of a Chinese construction company came under attack on Faqeer Bridge in Gwadar.
A millionaire named Neville Roy Singham is funding several news publications across the world (including India) to peddle Chinese propaganda. Newsclick is reportedly one of them.
According to reports, the probe agency plans to question several Communist Party of India (Marxist) leaders, including a senior leader, about emails exchanged with Shanghai-based American tech entrepreneur Neville Roy Singham.