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Search Result for “debt trap”

Showing 1 - 8 of 8

WORLD

Hong Kong shelter saves 351 animals in 6 months as trapping, smuggling cases surge

South China Morning Post, Published on 07/01/2026

» HONG KONG — Illegal dog trapping and cat smuggling have become alarmingly common, with an animal rescue group reporting that it saved 351 animals in Hong Kong over the past six months - an average of two per day.

BUSINESS

Chinese firms urged to deepen Asean roots as US cracks down on transshipments

South China Morning Post, Published on 23/07/2025

» ALAMEDA — Beijing should encourage its firms to deepen integration with Southeast Asian economies instead of using the region as a transshipment route to the United States, according to a senior regional economist - as Washington threatens the export-reliant region with high tariffs.

WORLD

China-Africa trade hit US$282 billion in 2023 but Africa's trade deficit widens, with commodity prices a key factor

South China Morning Post, Published on 01/02/2024

» China's total trade with Africa grew a modest 1.5 per cent in 2023 from 2022 to US$282.1 billion, but Africa's trade deficit with China widened, according to the latest Chinese customs data.

WORLD

China reportedly suspends $6.5bn currency swap agreement with Argentina

South China Morning Post, Published on 21/12/2023

» China has suspended a US$6.5 billion currency swap agreement with Argentina, and the freeze remains in effect until President Javier Milei demonstrates a clear intention to engage with Beijing, Argentine media have reported.

BUSINESS

China's high-yield property bonds hand investors a 22% loss

South China Morning Post, Published on 07/12/2023

» Dollar-denominated bonds sold by junk-rated Chinese developers remain a minefield for investors, as another depressing year of losses and defaults in the real estate sector draws to a close, according to money managers.

BUSINESS

Chinese Foreign Minister Qin Gang assures US business leaders of Beijing's support

South China Morning Post, Published on 26/03/2023

» China remains committed to a "healthy, stable and constructive" relationship with the US amid still "chilly" bilateral ties, Chinese Foreign Minister Qin Gang told visiting American business leaders on Saturday.

BUSINESS

China's Belt and Road Initiative to trade mega projects for high-quality winners

South China Morning Post, Published on 07/03/2023

» China will focus more on project quality to mitigate risk with its Belt and Road Initiative as the scheme enters its second decade and Beijing confronts a geopolitical rivalry with the United States, according to analysts.

LIFE

ChatGPT to force university education to evolve

South China Morning Post, Published on 25/01/2023

» The world seems entranced by artificial intelligence. The recent controversy over ChatGPT and other apps such as Bearly.ai has prompted some academics to rethink teaching and testing. It is time to confront the question of whether our way of life will be at risk in future because of AI.