Sign up to myFT Daily Digest to be the first to know about Chinese economy news. Until just a few weeks ago, sales at three residential developments in the eastern Chinese city of Jinan were…
Monthly Archives For September 2021
China Evergrande fears consume investors awaiting trading
Anxiety over the prospect of China Evergrande Group defaulting on its mountain of debt gripped investors on Tuesday ahead of two repayment deadlines, with much still unknown about the potential risks …
What’s happening with Evergrande? China’s real-estate debt crisis rattles stock markets
Some are calling it “China’s Lehman moment,” but the financial situation unfolding at Evergrande Group didn’t just sneak up on traders.
The Wall Street debt machine pauses as China’s property woes rattle stocks, crypto, memes and more
The largest part of the nearly $10.6 trillion U.S. corporate bond market sat idle on Monday as investors watch for spillover from the debt woes of China’s second-largest property developer.
China Ride-Sharing Platform DiDi Plunges 6.6% On Report President Jean Liu Plans To Depart
Shares in China ride-sharing app DiDi Global plunged 6.6% in New York Stock Exchange trade on Monday following a Reuters report that President Jean Liu plans to leave the company and expects the …
China Needs a Lehman-Level Meltdown to Crash Its Steel Mills
Investors are worried that Evergrande’s unraveling will ensnare the property sector and the commodities that feed it. If history is any guide, this sector still has legs.
Stocks slump as investors fret about Fed and China’s Evergrande Group
Investors focused on whether the Federal Reserve will signal this week that it plans to withdraw economic stimulus.
Shipping stocks hammered as China fears intensify
Dry bulk shares suffer double-digit declines, with tanker and container stocks also caught up in the sell-off.
Joe Biden to Use First U.N. Address to Warn Against Cold War With China
U.N. Secretary-General António Guterres has said that a U.S.-China Cold War would be “dangerous and more difficult to manage” than past conflicts.
US markets suffer sharpest drop since mid-May in losses sparked by China refusal to bail out indebted property developer
Wall Street has suffered its sharpest drop since May as the S&P 500 fell 1.7 per cent, and the Dow Jones Industrial Average closed down 614 points, or 1.8 per cent. The tech-focused Nasdaq also…
Covid-19: China to donate 100 million vaccine doses to developing countries by end of 2021
China will donate 100 million Covid-19 doses to developing countries by the end of 2021, Chinese president Xi Jinping promised.
White House denies UN chief’s claim of ‘dysfunctional’ US-China relationship – live
Press secretary Jen Psaki says ahead of general assembly meeting: ‘Our relationship with China is one not of conflict but of competition’ …
Fortunes Tumble From Seattle to Shenzhen in $135 Billion Wipeout
A global rout in stock markets sparked by concerns over Group hit the world’s biggest fortunes Monday, with the richest 500 people losing a combined $135 billion. Tesla Inc.’s Elon Musk led the …
