Bloomberg Chinese President Xi Jinping and Indian Prime Minister Narendra Modi committed to continue improving ties between Asia’s most populous countries in a bilateral meeting on the sidelines of a summit in China. Xi was hosting leaders of the Shanghai Cooperation Organization (SCO) in the coastal city of Qingdao over the weekend. The China-led grouping includes India, Russia, Pakistan and ...

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 ...

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, ...