Your English writing platform
Discover LudwigExact(1)
The boards of both Allianz and Commerzbank are scheduled to meet on Sunday after a months-long process that included serious discussions about selling Dresdner to China Development Bank, a state infrastructure lender.
Similar(59)
As economic leaders gather here this week for meetings of the International Monetary Fund and the World Bank, China is set to kick off a rival infrastructure development lender that promises to shake up the traditional American-led global financial order.
By investing in infrastructure alongside public lenders, they can help attract much larger sums from the private sector.
In several mainland infrastructure projects, the lenders get guaranteed foreign-currency returns: debt by any other name.China's rising foreign debts clearly worry the authorities.
Mr Prabhu told parliament that funds would be also raised from multilateral lenders, infrastructure and pension funds, as well as from "monetisation" of railway assets.
This requires both a systematic method for making decisions and a robust infrastructure that enables lenders to share data — neither of which is sufficiently developed yet in China.
This requires both a systematic method for making decisions and a robust infrastructure that enables lenders to share data — neither of which is sufficiently developed yet in China.
Luan Cox, President & CEO of Crowdnetic, a company which provides data, technology and infrastructure to marketplace lenders, highlighted that "Last July, the U.S. Treasury Department sought public comment and input through its Request For Information on the marketplace lending industry, and over 100 responses were submitted through September 30th, the end of the comment period.
The tests revealed it was possible for hackers to manoeuvre themselves between a customer and the lender's infrastructure without triggering certificate warnings or other alerts that the transactions were not secure.
At the same time, these lenders have built infrastructure and need to put their capital to work.
The new president of the Maldives has declared the state coffers to have been looted and warned that the country is in financial difficulty after racking up debt with Chinese lenders in an infrastructure boom.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com