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Xinxing scales back planned steel plant
The company had reduced the size of the plant by half, and will now invest USD 930 mn in the…
Capital is leaving China at the fastest pace since 2016
The country’s currency is facing renewed pressure after investors pulled USD 75 bn in net outflows in September
Fears of default rise as Country Garden misses bond interest payment
Country Garden is at risk of defaulting on USD 11 bn of outstanding offshore bonds
Egypt inks debt swap pact with China
Egypt currently owes about USD 8.2 bn to the Chinese
Siemens, Intro Group to build power plants in Egypt, the region. PLUS: News from the SCZone, Cheiron, Qasatli, Mashreq, and EdVentures.
The two firms will establish facilities producing a combined 300 MW of power by 2030
Egypt, China sign USD 15.5 bn worth of energy, manufacturing agreements
Some USD 14.8 bn of the investments will go towards our green energy industry
Our maiden panda bond issuance hits the Chinese market
The three-year bonds will fund healthcare, clean transport, water, renewable energy and other sustainable projects
SCZone secures over USD 100 mn in Chinese textile projects + Turkish companies looking to expand here
The SCZone head and representatives met with Chinese investors yesterday during the Shanghai leg of its China roadshow
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