Evergrande requested a halt in the trading of its shares pending an announcement about a major deal. Evergrande Property Services Group also requested a halt referring to “a possible general offer” …
Monthly Archives For October 2021
China Bans Loans to Speculate in Commodities, Some Luxury Goods
China will strictly prevent bank and insurance funds from being used in speculating commodities in a push to maintain market order and stabilize prices.Most Read from BloombergChristmas at Risk as …
China has urged banks to guarantee that coal and steel companies’ finance needs are met
CHINA HAS URGED BANKS TO GUARANTEE THAT COAL AND STEEL COMPANIES’ FINANCE NEEDS ARE MET.
China Property Sector Woes Deepen as Markets Await Evergrande Deal
As investors were abuzz on Tuesday with cash-strapped China Evergrande Group’s possible sale of a stake in a unit to raise as much as $5 billion, more Chinese property developers grappled with ratings …
Lack of specifics on US’ China policy frustrates those seeking change from Trade Representative Katherine Tai
Katherine Tai says any major adjustments in trade with China will depend on talks with her counterpart in Beijing, which have yet to be scheduled.
U.S. envoy Sullivan to meet China’s top diplomat Jiechi this week-SCMP
U.S. President Joe Biden’s national security adviser Jake Sullivan will hold talks with China’s top diplomat Yang Jiechi in Switzerland on Tuesday and Wednesday, the South China Morning Post reported, …
The Fight Against China’s Bribe Machine
In particular, few developments better explain the United States’ newfound focus on foreign bribery than China’s Initiative (BRI), which many view as the country’s attempt to expand its influence …
China property developer defaults as Evergrande keeps investors hanging
The debt problems afflicting China’s real estate market deepened on Tuesday after a developer defaulted on its bonds while the world’s most heavily indebted property group Evergrande extended a …
New U.S. China trade plan leaves industry hungry for specifics
Having waited eight months for U.S. Trade Representative Katherine Tai’s promised “top-to-bottom” policy review of trade with China, some U.S. industries and experts were complaining over the plan’s …
China is not heading toward a market economy, often due to its own policies, report concludes
China ‘is clearly not what was envisioned’ when it was admitted into the World Trade Organization in 2001, the Atlantic Council and Rhodium Group find, adding that the nation has back-pedalled from …
China Test Kit Buys Spiked Months Before 1st Known Covid Cases: Report
The Chinese province that was the initial epicenter of the Covid-19 outbreak made significant purchases of equipment used to test for infectious diseases months before Beijing notified international …
China property sector woes deepen as midsize developer defaults
The debt problems afflicting China’s real estate market deepened on Tuesday after a developer defaulted on its bonds while the world’s most heavily indebted property group Evergrande extended a …
Chinese property developer Fantasia just missed a $206 million repayment deadline, a sign that China’s real estate woes extend beyond Evergrande
Fantasia, worth $415 million, and its default add to fears that an imminent major collapse in China’s property market could destabilize the entire country’s economy.
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