Several local governments in China have set up special custodian accounts for property projects of its most indebted developer, Evergrande, to protect funds earmarked for housing projects from being …
Monthly Archives For September 2021
China’s mobile phone shipments reach 227m units in Jan-Aug
Gao Yuwen/For China Daily] BEIJING – China’s mobile phone shipments stood at 227 million units in the first eight months of the year, up 12.3 percent year-on-year, according to data from the China …
A Global Equity Trader’s Guide for China Evergrande Debt Crisis
China Evergrande Group’s debt crisis might not be China’s “Lehman moment” but it has sent ripples through stocks tied to the developer and the world’s second-biggest economy. Creditors, investors and …
Alibaba dumping Chinese media company’s shares after Beijing’s clampdown on big-tech
Of late China’s big tech firms like Alibaba, Tencent and Baidu are facing problems under growing pressure from Beijing’s campaign to rein in their power and influence.
China’s 5G phone shipments surge nearly 80%
Shipments of 5G phones in China surged 79.7 percent year on year to 168 million units in the first eight months of this year, data from the China Academy of Information and Communications Technology …
Joe Biden and China on a collusion course?: Goodwin
It’s not the cynic who wonders whether Biden’s pussyfooting around China is a result of his being compromised. It’s knowing that nobody gives away money without expecting something in return.
Chinese president says China will not export coal-fired power projects
President Xi Jinping said China will stop building coal-fired power plants abroad, while pledging to help counter climate change during his address at the United Nations General Assembly …
China’s mobile phone shipments reach 227 mln units in Jan-Aug
China’s mobile phone shipments stood at 227 million units in the first eight months of the year, up 12.3 percent year on year, according to data from the China Academy of Information and …
China’s software sector logs stable revenue growth
China’s software and information technology sector sustained sound growth momentum in the first eight months, with its operating revenue maintaining steady expansion, official data showed. Software …
Elon Musk Takes Part in China Event Led by Xi Cooperation Pledge
Tesla Inc. Chief Executive Officer Elon Musk spoke at the opening of China’s World Internet Conference, an annual showcase taking place against a backdrop of unprecedented economic turbulence.
Swiss perfumery sets sights on China’s US$1.5 billion market dominated by Chanel, Dior, Estee Lauder
Swiss family-owned perfumery Firmenich gets closer to the ground in Guangzhou to challenge global luxury brands Chanel, Dior for a slice of China’s US$1.5 billion market.
China’s mobile phone shipments reach 227M units
China’s mobile phone shipments stood at 227 million units in the first eight months of the year, up 12.3 percent year on year, according to data from the China Academy of Information and …
China-US ties remain rocky despite freedom for ‘Michaels’ and Huawei’s Meng Wanzhou
Meng Wanzhou, the presumed heir of Chinese tech giant Huawei, returned home to a hail of nationalist fanfare on Saturday night, after almost three years fighting US extradition charges from Vancouver.