Chinese state-media Global Times’ editor in chief said struggling Evergrande Group (3333.HK) should use market means to save itself and should not bet on a government bailout as it deems itself “too …
Monthly Archives For September 2021
IMF Chief Denies Altering World Bank Report To Avoid Angering China
IMF chief Kristalina Georgieva on Thursday disputed an independent investigation which found that in her previous job at the World Bank, she pressed staff to alter a report to avoid angering China.
China’s Evergrande to Let Angry Investors Bid on Discounted Properties
China Evergrande Group plans to let consumers and staff bid on discounted properties this month to repay them for billions in overdue investment products as the embattled developer seeks to preserve …
IMF Chief Risks Undermined Authority After China-Linked Probe
Kristalina Georgieva risks seeing her authority as head of the International Monetary Fund undermined just weeks before an annual meeting of global finance chiefs, after being accused of influencing a …
LNG exports to China jump despite tensions
Australia’s LNG exports to China jumped last month after also gaining in the first half of 2021 as bilateral trade in the commodity continues to shrug off tensions between the two countries.
China’s COVID Crooks: U.S. Customs Seizes Fake Vaccine Card Shipments
The latest import from the Far East can’t be found on a shelf at WalMart. It’s a counterfeit COVID-19 vaccination card, complete with clumsy typos, and the federal government is confiscating them as …
British lifestyle brand Hunter picks Gusto Luxe for China marketing strategy
In addition to consulting and PR, the agency is tasked with always-on social content and platform management and digital campaign planning and execution, to name a few.
China suspends group travel to provinces with high, medium COVID-19 risk areas
Travel agencies and online tourism companies in China have been asked to immediately suspend trans-provincial group tours, air ticket and hotel reservation services once there are high and medium …
Qianhai to help deepen Shenzhen-Hong Kong cooperation
China’s latest plan for further development of a cooperation zone for Shenzhen and Hong Kong reflects the long-term strategic vision of making Qianhai’s business environment world-class by 2035. The …
AUKUS deal: Australia’s decades-long balancing act between the US and China is over
For more than 20 years, Australia tried to maintain good relations with both the United States and China. Now with the AUKUS deal, Canberra has picked a side — Washington.
China’s embattled developer Evergrande is on the brink of default. Here’s why it matters
Snowed under its crushing debt of $300 billion, Evergrande is so huge that the fallout from any failure could hurt not just China’s economy. Contagion could spread to markets beyond China. Here’s how …
Jan. 6 committee seeking records on Milley’s China calls
The leaders of a House committee investigating the Jan. 6 Capitol insurrection said Thursday they have sought records related to calls from Gen.
Shanghai Man: China’s version of McJob meme, eCNY airdrops, Canaan’s record revenue
While mining in China might be difficult, manufacturing mining machines is continuing to be quite profitable. Canaan, one of the world’s largest manufacturers of cryptocurrency mining hardware …