China Regulator Tells Banks To Evergreen Loans Of Troubled Companies
Valentin Schmid | Epoch Times China Banking Regulator Tells Banks to Evergreen Loans of Troubled Companies On the surface, China is talking the reform talk. But is it also walking the walk? There are many examples to demonstrate it isn’t. The most recent one is a directive from the China Banking Regulatory Commission (CBRC) to not cut off lending […]
Zombie Meat, Rubber Bubble Tea Pearls, Gel-Filled Shrimp, and Other Chinese Food Scandals of 2015
Larry Ong | Epoch Times China has been dogged by food scandals for years, and 2015 was no exception. Chinese food producers and smugglers tried something old (contaminated infant milk powder) and something new (very, very old preserved meat), and even got innovative (good-sized shrimp injected with gel). Fortunately for those in the United States, most […]