Tag: Yangtze River

China’s bond market under new management

(December 6, 2007) Yangtze Power was not the first Chinese company to issue debt in the domestic market, but the US$540 million it raised through the sale of 10-year bonds — which started trading on the Shanghai Stock Exchange on October 12 — marked the dawn of what could be a dynamic new age for corporate bonds, Newsweek reports.

Crackdown drives illegal logging to neighboring nations

Beijing: Upon determining that deforestation was to blame for devastating flooding by the Yangtze River in 1998, which killed 2,500 people and caused billions of dollars in damage, China promptly enacted an aggressive package of measures aimed at protecting its existing forest growth, rehabilitating distressed areas and reclaiming forests that had been converted to farmland.