SHANGHAI: A Chinese self-regulatory body overseeing the interbank market will support debt issuance by qualified developers to fund acquisitions of real estate projects and finance completion of …
Monthly Archives For December 2021
Evergrande can’t pay its debts. China is scrambling to contain the fallout
Evergrande has defaulted on its debt. Now Beijing is intervening to prevent a disorderly collapse of the indebted real estate group that could wreak havoc on the world’s second biggest economy.
China’s Chip Conglomerate Unigroup Gets State-Backed Investors, Alibaba Out of Deal
A consortium led by Beijing Jianguang Asset Management and Wise Road Capital will become a strategic investor in Chinese chip conglomerate Tsinghua Unigroup, the company said on Friday. The deal, …
China and Nicaragua re-establish ties in blow to U.S. and Taiwan
China and Nicaragua re-established diplomatic ties on Friday after the Central American country broke relations with Chinese-claimed Taiwan, boosting Beijing in a part of the world long considered the …
US sanctions hit China, Myanmar, others over human rights
The U.S. government announced financial sanctions and other restrictions Friday on 15 people and 10 entities in China, Myanmar, North Korea and Bangladesh to coincide with International Human Rights …
China Undermines Biden’s Democracy Summit by Forcing Pakistan Not to Attend
Beijing forced an embarrassing moment at the high-profile virtual summit of global democracies by forcing a consequential ally not to attend, sources say.
U.S. universities keep ties to Chinese schools that support China’s military buildup, report says
Dozens of U.S. universities maintain ties to Chinese schools that conduct defense research in support of Beijing’s military buildup, new report says.
US may ban key exports to Chinese chipmaker SMIC – sources
Chinese chipmaker, Semiconductor Manufacturing International Corp (SMIC) may have been under the searchlight of the US Defense Department and a new proposal could see the company being shut out from …
Forced labour in China: US House of Representatives passes bill to ban imports from Xinjiang
Washington: The US House of Representatives on Wednesday approved forced labour legislation that would ban the importation of goods sourced in China’s Xinjiang Uygur autonomous region, media reports …
SenseTime IPO: US slaps American investment ban on AI firm
SenseTime’s big stock market debut may have hit a major snag because of tensions between the United States and China.
New COVID-19 Drug Authorized for Use in China
Chinese authorities have approved a new COVID-19 drug, the first antibody therapy for the novel coronavirus to be sanctioned in the country. The antibody therapy is administered by intravenous …
What China must do to be rid of Covid – expert
CHINESE top respiratory expert Zhong Nanshan has responded to the question on when China can return to normalcy, proposing two prerequisites — if fatality rate of Covid-19 drops to around 0.1 percent, …
U.S. universities retain ties to Chinese universities that support Beijing’s military buildup, new report says
Dozens of U.S. universities maintain ties to Chinese schools that conduct defense research in support of Beijing’s military buildup, new report says.
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