Tag: Chinese

Alibaba eyes up to $8 billion jumbo loan

Chinese e-commerce giant Alibaba Group is back in the loan market with an eye on a jumbo financing of up to $8 billion to refinance existing debts, barely a year after borrowing $4 billion in loans, according to sources. The borrower is said to have approached lenders seeking proposals for […]

Chinese Economy Expanded at End of 2012, Data Shows

The giant Chinese economy picked up steam during the last few months of 2012, closely watched data from Beijing on Friday confirmed. But at the same time the figures underlined the view that the pace of future growth is likely to remain well below that seen in recent years. China’s […]