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Hong Kong to hold joint Belt and Road conference in Beijing

Bloomberg Hong Kong’s government will hold a joint conference with other officials in Beijing on June 12 to discuss the city’s involvement in China’s sprawling Belt and Road infrastructure initiative. The conference will detail Hong Kong’s “full participation in and contribution to the Belt and Road Initiative, the work priorities and initiatives to be implemented for the year,” according to ...

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China toll-road operator uses hedge-fund tactic

Bloomberg If China is deleveraging, it seems someone forgot to tell the No. 2 toll-road operator of eastern Shandong province, which just bought a risky piece of debt in an effort to goose its returns. An offshore unit of Shandong Hi-Speed Group Co. subscribed for about $10 million of dollar-denominated leveraged notes linked to Future Land Development Holdings Ltd.’s notes, ...

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Amazon blasted for China factory ‘conditions’

Bloomberg A watchdog group is calling on Amazon.com Inc. to improve conditions for factory workers in China who make Echo speakers and Kindle e-readers, renewing criticisms that CEO Jeff Bezos became the world’s wealthiest man on the backs of low-paid labourers. The New York-based China Labor Watch released a report at the weekend following a nine-month investigation of working conditions ...

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