Evergrande has been scrambling to raise cash as China’s government tackles what it considers excessive borrowing in the real estate development sector. ( read original story …)
Monthly Archives For November 2020
China Evergrande says ending reorganisation plan with Shenzhen Real Estate
HONG KONG, Nov 9 (Reuters) – Debt-laden China Evergrande Group 3333.HK said it has decided to terminate a reorganisation plan with Shenzhen Special Economic Zone Real Estate & Properties Group Co Ltd … ( read…
UPDATE 1-Debt-laden China Evergrande ends Shenzhen listing plan, some investors to stay on
Debt-laden China Evergrande Group said it has decided to terminate a reorganisation plan with Shenzhen Special Economic Zone Real Estate & Properties Group Co Ltd, ending a long-awaited backdoor … ( read original story …)
Taiwan says not invited to WHO meeting after China’s ‘obstruction’
Taiwan is yet to receive an invite to a key World Health Organization (WHO) meeting this week expected to focus on the COVID-19 pandemic due to “obstruction” from China, the island’s foreign ministry … (…
China launches world’s first 6G experimental satellite
China has launched a 6G experimental satellite to verify the performance of the technology in space as this frequency band will expand from the mmWave frequency to the terahertz frequency. A report by … (…
Biden win opens door for improved predictability in China-U.S. relations: state media
Chinese state media struck an optimistic tone in Monday in editorials reacting to Democrat Joe Biden’s win of the U.S. presidential elections, saying relations could be restored to a state of greater … ( read…
Biden’s Long History With China Is Unlikely to Mend Trump-Era Rift
Unlike Donald Trump, whom Chinese officials had little knowledge of before he took office, Joe Biden is well known in Beijing. But that history is unlikely to quickly repair a relationship between the … (…
China reports 33 new COVID-19 cases vs 28 a day earlier
China reported 33 new COVID-19 cases on Nov. 8, up from 28 cases a day earlier, the national health authority reported on Monday. ( read original story …)
Drink up — and help to foil Beijing’s bullying
Twenty tonnes of live lobsters facing death at Shanghai airport are the first casualties. But far more is at stake. The Chinese Communist Party wants to punish resistance and quell criticism … ( read original…
China Has Lots of Tanks – And This One is Its Favorite
Today we’ll look at how the Type 99 stacks up to two important contemporaries, the American M1A2 Abrams and the Russian T-90A tank. ( read original story …)
Why China Stepped On The Ant Group – (Part 1) A Bubble Looming
The most shocking, market-impacting event this week was not the US election. It was the news that the Chinese government decided to step on an ant… specifically, on the Ant Group – China’s fintech ……
From copycat to tech trailblazer, China now inspires the West
With companies such as Ant, ByteDance, Huawei and Nio inspiring clones in the West, China is becoming an innovation epicentre. Rather than keep Chinese companies out, the West should make clear the … ( read…
China Extends Reach in the Caribbean, Unsettling the U.S.
The region has strategic importance as a hub for logistics, banking and commerce. It is also very close to the United States. ( read original story …)