Evergrande is shaping up to be one of the great corporate collapses of modern times. Maybe not quite up there with Lehman Brothers, but certainly on a par with …
Monthly Archives For September 2021
The global economy could feel the effects of China’s Evergrande crisis. Here’s what investors should know
Strategists do not now expect financial contagion from the crisis at a large Chinese property developer, but they do say there could be economic impact.
Stocks drop the most since May on worries over China, Fed
U.S. stocks had their biggest drop since May as traders worried about potential ripple effects if a heavily indebted Chinese real estate company defaults and the likelihood that the Federal Reserve wi …
Wall Street extends global slump on China fears
September is living up to its reputation as being the worst month for the stock market all year. On Monday U.S. stocks sank in the biggest sell-off in months as investors worried that trouble in…
Coinbase drops as crypto joins broader markets in steep sell-off on China fears
Coinbase fell as much as 5.7% on Monday amid a broader sell-off in the crypto and stock markets. The dip in Coinbase shares coincided with steep drops in the prices of nearly all major …
Bad for business: WB China rigging scandal rattles investors
Economists said such reports – by the World Bank and others – were useful but had long been vulnerable to manipulation.
Hong Kong and Shenzhen must work more closely on developing legal services, says Chinese vice-premier
The Chinese state leader overseeing Hong Kong affairs and the creation of the Greater Bay Area has urged closer cooperation between the city and neighbouring Shenzhen in developing legal services, …
China can’t rely on its stealthy J-20 fighter to rule the skies, experts say
The J-20’s reliance on Russian engines and China’s lack of strategic transporters will limit the fighter jet’s influence, observers say.
Is China about to face its “Lehman Brothers moment”?
The financial woes facing Chinese property developer Evergrande has investors on guard. Here’s what’s happening.
Will Evergrande be China’s ‘Lehman moment’? Wall Street says no
Problems at Evergrande, China’s teetering property giant, are stirring unwelcome memories of the market chaos that followed the implosion of Lehman …
What happens when Beijing’s housing bubble bursts?
Evergrande’s financial woes are raising fears China could soon witness the bursting of its massive house price bubble, which will deal a hefty blow to economic growth.
Douyin’s app limits for kids align with China’s tech crackdowns
China’s ruling Communist Party reminded the tech sector who’s calling the shots this past year by squashing Ant Financial’s IPO, removing ride-hailing giant DiDi from app stores, and proposing new …
ByteDance is getting ahead of China’s crackdown on tech for teens
China’s ruling Communist Party reminded the tech sector who’s calling the shots this past year by squashing Ant Financial’s IPO, removing ride-hailing giant DiDi from app stores, and proposing new …
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