Yango Group needed only a few words to sum up the crisis facing China’s ailing property developers: “falling off a cliff.” …
Monthly Archives For February 2022
Former president of China Citic Bank pleads guilty to accepting 1 billion yuan in bribes
Sun Deshun, who expressed remorse for accepting payments worth US$155 million, will be sentenced at a later date His case is one of the biggest in an ongoing crackdown targeting China’s financial …
BRI: Arab Monetary Fund’s payment platform Buna signs MoU with China’s Unionpay
MoU will pave the way for connecting BUNA and Unionpay’s payment systems for multi-currency cross-border payments …
Pakistan railway project hanging in balance as China delays finance
Pakistan railway line project, Main Line (ML-1), is hanging in the balance owing to the financial delays by Exim Bank of China. There is a bone of contention between Pakistan and China regarding the …
China Finance Online (NASDAQ:JRJC) Now Covered by Analysts at StockNews.com
Body StockNews.com initiated coverage on shares of China Finance Online (NASDAQ:JRJC) in a report released on Tuesday morning. The brokerage issued a sell rating on the financial services provider’s …
China: What to expect from the Two Sessions
Background to this year’s Two Sessions This year’s government work report should continue the central theme set out in the 14th Five Year Plan. T …
How much trade support can Russia find in China?
Given the delicate situation in Ukraine and the US imposition of sanctions on Russia, followed by the European Union (EU), it seems important to assess how much Russia can rely on China as a trading…
Alibaba halts $1 billion pre-IPO fundraising plan for Lazada: report
Chinese e-commerce giant Alibaba has called off discussions with potential investors for a $1 billion pre-IPO round for its Southeast Asia e-commerce arm Lazada, Bloomberg reported on Wednesday, …
Shenzhen police investigate company for cross-border transportation against anti-epidemic rules as HK infections rise
As more cross-border truck drivers from Hong Kong test positive, Shenzhen police issued a notice on Wednesday that two people who are in charge of an international supply chain company are being …
China-Taiwan tensions: China’s leaders may be watching events in Europe closely
As the world’s attention focuses on the escalating crisis between Russia and Ukraine, a spotlight has also been turned on an island halfway around the world — self-governing Taiwan.
Interview: Spirit of Beijing Winter Olympics to disperse pandemic clouds, says Bangladeshi economist
The spirit epitomized by the just concluded Beijing 2022 Winter Olympics will go on to bolster global efforts to combat the COVID-19 pandemic, a leading Bangladeshi economist has said. “The …
Olympics in Crisis as Doping Scandal, Tune-In Nadir, Tolerance of Authoritarianism Define Beijing Games
This is the defining image of the 2022 Beijing Olympics, and the moment when the façade of the Games as a uniting force on the geopolitical stage may have finally fell. The 15-year-old Russian …
Why US cannot stifle China’s rise
The US is increasingly belligerent in its efforts to stifle China’s rise and pressure its allies to do the same. But none of the tactics – trade …
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