Loan From Chinese Banks
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US Warned Others To Avoid Loans From Chinese State Banks But Excluded Itself
For years, Washington has been warning others not to trust loans from Chinese state banks fueling its rise as a superpower. But the US is the biggest recipient of all by far. The security and technology implications have yet to be fully understood.
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Cash-Strapped Pakistan To Receive $500 Million From Chinese Bank
A Chinese bank has assured Pakistan that it will provide another refinanced USD 500 million loan within the next few days, bringing the total of commercial loans up to USD 1.7 billion out of the total committed amount of USD 2 billion.
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ED Freezes Fresh Deposits Worth Rs. 78 Crore After Raids at Premises of Razorpay, Chinese Loan Apps
The ED on Friday said it has frozen fresh deposits worth Rs. 78 crore following raids at the premises of payment gateway Razorpay and some banks as part of an ongoing money laundering probe against the alleged illegal operations of loan apps "controlled" by Chinese nationals. The searches were carried out at five premises in Bengaluru on October 19...
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Taking Action Against Dubious Digital Loan Apps, Indians Who Help Set Them Up, Finance Minister Says
Dubious digital loan apps will face action from the government, including those originating outside the country, along with Indians who help set them up, Finance Minister Nirmala Sitharaman said on Tuesday. The minister was responding to a supplementary question in the Rajya Sabha on reports of dubious digital loan apps backed by Chinese entities w...
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Cash-Strapped Pakistan Gets $2.3 Billion From China
Pakistani Finance Minister Miftah Ismail said on Friday that a loan of USD 2.3 billion from a Chinese consortium of banks had been credited to the central bank's account.
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Cash-Strapped Pakistan To Get $2.3 Billion From China Under Loan Agreement
To cope up with country's dwindling cash reserves, a loan of USD 2.3 billion from a Chinese consortium of banks to Pakistan is expected within a "couple of days".
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In Anil Ambani Hearing, Court Asks Centre About Including Chinese Banks
The Delhi High Court on Monday sought the Centre and SBI's reply to former RCom chairman Anil Ambani's plea to include the Chinese banks, which have got a decree of 717 million dollars against him from a court in United Kingdom, in the proceedings related to recovery of Rs 1200 crore loan granted to two of his companies.
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Jaguar Land Rover Raises $705 Million Loan From Chinese Banks
Jaguar Land Rover (JLR), owned by India's Tata Motors, has entered into agreements with lenders in China for a secured term loan facility of 5 billion yuan ($704.50 million), marking its first debt financing in China, it said.Arthur Yu, JLR's vice president and China chief financial officer, said the Chinese banks that would provide it with the thr...
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Tesla Secures $1.29 Billion Loan From Chinese Banks For Shanghai Factory
Besides construction and production at the Shanghai factory, the loan may also be used to repay the 3.5 billion yuan debt due to be repaid on March 4 next year.
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Tesla Secures $1.29 Billion Loan From Chinese Banks for Shanghai Factory
Tesla entered into agreements with lenders in China for a secured term loan facility of up to CNY 9 billion ($1.29 billion), according to a regulatory filing on Thursday.
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Tesla To Take New $1.4 Billion Loan From Chinese Banks For Shanghai Factory
Tesla broke ground on the factory in January and has started producing vehicles from its Shanghai plant. It aims to build at least 1,000 Model 3 cars a week by the end of this year.
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Elon Musk's Tesla Said to Take New $1.4 Billion Loan From Chinese Banks for Shanghai Factory
US electric vehicle maker Tesla Inc and a group of China banks have agreed a new 10 billion yuan ($1.4 billion), five-year loan facility for the automaker's Shanghai car plant, three sources familiar with the matter said, part of which will be used to roll over an existing loan.
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Sri Lanka Secures $1 Billion Loan From China, Amid Mounting Debt
Sri Lanka's central bank on Friday announced it had secured a $1 billion Chinese loan as the island, a key link in Beijing's ambitious Belt and Road initiative, develops closer relations with Asia's largest economy.
-
US Warned Others To Avoid Loans From Chinese State Banks But Excluded Itself
For years, Washington has been warning others not to trust loans from Chinese state banks fueling its rise as a superpower. But the US is the biggest recipient of all by far. The security and technology implications have yet to be fully understood.
-
Cash-Strapped Pakistan To Receive $500 Million From Chinese Bank
A Chinese bank has assured Pakistan that it will provide another refinanced USD 500 million loan within the next few days, bringing the total of commercial loans up to USD 1.7 billion out of the total committed amount of USD 2 billion.
-
ED Freezes Fresh Deposits Worth Rs. 78 Crore After Raids at Premises of Razorpay, Chinese Loan Apps
The ED on Friday said it has frozen fresh deposits worth Rs. 78 crore following raids at the premises of payment gateway Razorpay and some banks as part of an ongoing money laundering probe against the alleged illegal operations of loan apps "controlled" by Chinese nationals. The searches were carried out at five premises in Bengaluru on October 19...
-
Taking Action Against Dubious Digital Loan Apps, Indians Who Help Set Them Up, Finance Minister Says
Dubious digital loan apps will face action from the government, including those originating outside the country, along with Indians who help set them up, Finance Minister Nirmala Sitharaman said on Tuesday. The minister was responding to a supplementary question in the Rajya Sabha on reports of dubious digital loan apps backed by Chinese entities w...
-
Cash-Strapped Pakistan Gets $2.3 Billion From China
Pakistani Finance Minister Miftah Ismail said on Friday that a loan of USD 2.3 billion from a Chinese consortium of banks had been credited to the central bank's account.
-
Cash-Strapped Pakistan To Get $2.3 Billion From China Under Loan Agreement
To cope up with country's dwindling cash reserves, a loan of USD 2.3 billion from a Chinese consortium of banks to Pakistan is expected within a "couple of days".
-
In Anil Ambani Hearing, Court Asks Centre About Including Chinese Banks
The Delhi High Court on Monday sought the Centre and SBI's reply to former RCom chairman Anil Ambani's plea to include the Chinese banks, which have got a decree of 717 million dollars against him from a court in United Kingdom, in the proceedings related to recovery of Rs 1200 crore loan granted to two of his companies.
-
Jaguar Land Rover Raises $705 Million Loan From Chinese Banks
Jaguar Land Rover (JLR), owned by India's Tata Motors, has entered into agreements with lenders in China for a secured term loan facility of 5 billion yuan ($704.50 million), marking its first debt financing in China, it said.Arthur Yu, JLR's vice president and China chief financial officer, said the Chinese banks that would provide it with the thr...
-
Tesla Secures $1.29 Billion Loan From Chinese Banks For Shanghai Factory
Besides construction and production at the Shanghai factory, the loan may also be used to repay the 3.5 billion yuan debt due to be repaid on March 4 next year.
-
Tesla Secures $1.29 Billion Loan From Chinese Banks for Shanghai Factory
Tesla entered into agreements with lenders in China for a secured term loan facility of up to CNY 9 billion ($1.29 billion), according to a regulatory filing on Thursday.
-
Tesla To Take New $1.4 Billion Loan From Chinese Banks For Shanghai Factory
Tesla broke ground on the factory in January and has started producing vehicles from its Shanghai plant. It aims to build at least 1,000 Model 3 cars a week by the end of this year.
-
Elon Musk's Tesla Said to Take New $1.4 Billion Loan From Chinese Banks for Shanghai Factory
US electric vehicle maker Tesla Inc and a group of China banks have agreed a new 10 billion yuan ($1.4 billion), five-year loan facility for the automaker's Shanghai car plant, three sources familiar with the matter said, part of which will be used to roll over an existing loan.
-
Sri Lanka Secures $1 Billion Loan From China, Amid Mounting Debt
Sri Lanka's central bank on Friday announced it had secured a $1 billion Chinese loan as the island, a key link in Beijing's ambitious Belt and Road initiative, develops closer relations with Asia's largest economy.
