Evergrande’s default has portended high-profile problems at other publicly listed Chinese property developers.
Monthly Archives For December 2021
Intel apologises in China over Xinjiang supplier statement
U.S. chip maker Intel apologised in China on Thursday after its letter telling suppliers not to source products or labour from the Xinjiang region triggered a backlash, making it the latest western …
China Accounting For Lowest Percentage Of U.S. Imports Since 2008
China is accounting for a smaller percentage of U.S. imports than at any time since 2008, hit by a one-two — or, some would say, one-two-three — punch. Consequently, it is likely to finish as…
Alibaba-Backed RoboSense Picks JPMorgan for Hong Kong IPO
RoboSense, a Chinese developer of sensor technologies used in self-driving cars, plans to work with JPMorgan Chase & Co. on its proposed Hong Kong initial public offering, people with knowledge of the …
China Puts 13 Million On Lockdown Following Coronavirus Spike Just Weeks Before Winter Games
China has also been dealing with a substantial outbreak in several cities in the eastern province of Zhejiang near Shanghai.
China puts 13 million residents in lockdown ahead of Beijing Winter Olympics
Under orders not to leave home unless necessary, residents of the Chinese city of Xian are adjusting to a lockdown imposed after a coronavirus spike.
China merges 3 rare earths miners to strengthen dominance of sector
China has approved the merger of three leading rare earths companies, creating a state-owned powerhouse that will be the world’s largest producer of the strategic resource and strengthen government …
China to Fall Short on Promises to U.S. as Trade Deal Ends
When the trade deal between China and the U.S. was signed in January 2020, there was some hope it would lead to a reduction in bilateral tensions and restore some balance to trade, but those…
Meme coins, CBDCs, NFTs and ICOs were the crypto fads of 2021
Despite the scepticism and a lethal pandemic, crypto investments have spiked in India. The Chainalysis report pegs India at 11th out of 154 nations in crypto adoption.
China locks down Xi’an, city of 13 million, over small Covid outbreak
China has put a city of 13 million people into lockdown in an effort to contain a relatively small Covid outbreak.
Beijing organisers ‘regret’ NHL player pull-out
Beijing Olympics organisers expressed “regret” on Thursday after the National Hockey League said it would not allow its players to compete at the Winter Games because of disruption to the league …
China Covid-19: Xi’an, city of 13 million people, goes into lockdown imn response to cluster
On Tuesday, the central Chinese city of Xi’an recorded 52 new Covid-19 cases. By Wednesday, authorities had imposed strict lockdown measures on its estimated 13 million residents.
China orders lockdown of 13 million residents as COVID-19 cases rise
China is redoubling efforts to control new virus outbreaks with a lockdown of the 13 million residents of the northern city of Xi’an following a spike in coronavirus cases.
