Bank of China – MOSAEC

China-Built Airport in Nepal Was Littered With Corruption, Inquiry Finds

A Nepali investigation blamed lawmakers and officials for looking the other way. The $216 million airport receives only one international flight a week.

By Bhadra Sharma and Daisuke Wakabayashi

Bank of China China Commodities Consumer Behavior Economic Conditions and Trends Gold People's Bank of China Prices (Fares, Fees and Rates)

China Is Buying Gold, Sending Prices to Record Highs

The global price of gold has reached its highest levels as Chinese investors and consumers, wary of real estate and stocks, buy the metal at a record pace.

By Daisuke Wakabayashi and Claire Fu

Bank of China China Export-Import Bank of China Foreign Investments Infrastructure (Public Works) International Relations International Trade and World Market Nepal Pokhara (Nepal)

How Nepal’s Deal With China for an Airport Became an Albatross

China called the project a “signature” of its cooperation with Nepal. Insiders and documents reveal the pitfalls of China’s infrastructure-at-any-cost model.

By Daisuke Wakabayashi Bhadra Sharma and Claire Fu

Bank of China China Economic Conditions and Trends International Trade and World Market Treasury Department United States United States International Relations

Janet Yellen’s Trip to China: 3 Takeaways

The U.S. Treasury secretary met with China’s new economic policy leaders and toned down Washington’s talk of “decoupling.” But the two nations remain at odds on many issues.

By Keith Bradsher