There has been one major concern on the minds of experts ever since Evergrande’s slow downfall began – contagion.
Monthly Archives For January 2022
China biggest property developer swoops in with mini buyback as bonds slump
China’s biggest homebuilder by sales, Country Garden, scooped up $10 million of its own bonds on Monday as the country’s ongoing property crisis sent then sprawling again. Last week was the worst …
China’s central bank cuts rates on medium-term loans, reverse repos
BEIJING – China’s central bank Monday cut the interest rates of its medium-term lending facility (MLF) loans and reverse repos by 10 basis points amid the country’s efforts to lower lending cost and …
Covid-19: Omicron reaches China’s political, financial and tech hubs
China has detected locally-transmitted omicron infections in the capital Beijing, the financial center Shanghai, and Guangdong …
CATL confirms entry into battery swap market ahead of a brand launch event in China
CATL recently shared news it is entering the market of battery swap technology for EVs, with a new brand called EVOGO, set to launch Tuesday.
QiXinTian Serves Up Spicy Hong Kong IPO, Defying Pandemic with Major Expansion
QiXinTian, China’s No. 3 hotpot restaurant chain, has filed for a Hong Kong IPO that could value it at more than $2 billion The company has doubled …
USDA Seizes Illegally Imported Animal Products from China
The USDA’s Animal and Plant Health Inspection Service (APHIS) seized and destroyed more than 1,900 pounds of prohibited pork, poultry, and ruminant products f …
EXCLUSIVE: Firmenich Partners With Beauty Retailer Harmay in China
Each group is to leverage its respective capabilities to bolster developments of new fragrance brands, concepts, experiences and models.
China Says It Will Not Sell Tickets to Public for Winter Olympics As COVID-19 Cases Surge
The games won’t be completely sans fans as groups of spectators will be invited throughout the Olympics and will be required to “strictly comply with COVID-19 prevention and control requirements …
China cancels ticket sales for Beijing Winter Olympics as pandemic concerns rise
China announced Monday that members of the Chinese public no longer will be able to buy tickets to the Beijing Winter Olympic as organizers struggle to contain the latest coronavirus outbreak, with …
China’s slowing growth will have a global impact
By most international standards, China’s 4 per cent year-on-year growth in the fourth quarter of last year was a pretty solid performance. Yet while it was slightly above most analysts’ predictions, …
CGTN: China calls for building an open world economy to create better post-COVID world
Global Risks Report warned that economic stagnation is the most serious challenge persisting from the COVID-19 pandemic. However, China is injecting confidence into the world economy with official …
China Local Governments Face Debt Maturity Wall in Next 3 Years
China’s local governments will face mounting repayment pressures in the coming three years as more than half of their outstanding bonds come due, a researcher with an institute affiliated to the …
