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US to propose big emissions cut by 2030, Huarong tests Beijing’s backing

FT News Briefing

Turkey's Foreign Exchange Reserves Are a Strategic Asset in Emerging Economy

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Turkey's use of foreign exchange reserves to prop up the turkish currency is a key vulnerability. Iloginakle covers turkey for the f t. There are some big jitters in financial markets over a chinese company called harong. Its china's biggest manager of distress debt and it made headlines in january when bajing executed harong's chair for corruption. Now international investors, who include black rock and goldman sacks, are worried about harong's financial health.

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