Bloomberg Business

India Protests New China Map Claiming Territory Before G-20

New Delhi lodged a diplomatic protest with Beijing over the publication of an official map that shows China claiming Indian territory in the Himalayas, a sign that tensions over a border dispute are simmering before a major summit next month.

China Moves to Stabilize Finances of Troubled Shadow Bank

China has asked two of the nation’s biggest financial firms to examine the books of Zhongrong International Trust Co., potentially paving the way for a state-led rescue of the troubled shadow lender, according to people familiar with the matter.