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Daniel Okrent

Debt-to-equity swaps allow creditors to exchange debt for equity stakes so that companies with long-term potential are not forced to default.

Data from China's Ministry of Foreign Affairs show China has built more than 5,000 km respectively of railways and roads for Africa through its aid and financing. The country also helped train more than 160,000 local people.

DUBAI - Dubai Multi Commodities Centre (DMCC), the biggest industry free zone in the United Arab Emirates (UAE), said on Tuesday that it has signed a deal with China to boost bilateral trade and economic ties.

Data from app tracker Analysys Qianfan show Ofo's arch-rival Mobike has taken the top spot in terms of active users in November, gaining more than 18 million monthly active users. While Ofo has fallen from the top slot to second with over 17 million monthly active users, a decrease of 24 percent month-on-month.