A revolt by Chinese homebuyers, who have threatened to stop paying mortgages on hundreds of unfinished housing projects, is spurring a shakeout among cash-starved property developers who have long …
Monthly Archives For July 2022
China’s $1B fine on Didi could end the mobility giant’s troubled year
Didi, the Chinese ride hailing behemoth that has undergone a year of regulatory overhaul, faces a fine of over 8 billion yuan ($1.28 billion) from the country’s authorities, The Wall Street Journal …
China Junk Bonds on Brink of Record Low as Property Woes Grow
Chinese junk dollar bonds are hovering near a record low set in March, as the country’s property crisis deepens with pain spreading from developers to suppliers and banks. Most Read from BloombergS&P …
China reports 1,012 new COVID-19 cases for Jul 19, highest in two months
SHANGHAI: China reported 1,012 new COVID-19 cases on Tuesday (Jul 19), of which 150 were symptomatic and 862 were asymptomatic, the National Health Commission said on Wednesday. It was the first time …
China’s Comac reliant on ‘captive domestic market’ for sales
When China’s ruling Communist Party released its 14th five-year plan in 2021, chief among its aims was “self-reliance in science and technology as a strategic underpinning for national development”.
Neil Shen’s Sequoia China seeks ‘politically correct’ investment strategy
After a dismal year for Chinese tech companies, the $9bn that Sequoia China raised earlier this month to fund hundreds more start-ups was a display of star power from the venture capital group’s …
Furious China Warns Nancy Pelosi Not to Visit Taiwan
“If Speaker Pelosi visits Taiwan, it would seriously violate the one China principle and the stipulations in the three China-U.S. joint communiqués and harm China’s sovereignty and territorial …
China says U.S. is ‘maker of security risks’ after Taiwan Strait sailing
The United States is a “maker of security risks” in the Taiwan Strait with its frequent provocations there, China’s military said on Wednesday after another U.S. warship sailed through the sensitive …
Importers Paid $32 Billion in U.S. Tariffs on China Tech Imports-Industry Report
Importers of technology products from China paid over $32 billion worth of tariffs imposed by President Donald Trump between mid-2018 to the end of 2021, a new trade group report showed on Tuesday as …
China will unswervingly deepen high-level opening-up: Premier Li
China will unswervingly deepen high-level opening-up and open its door still wider to the world, Chinese Premier Li Keqiang said on Tuesday. Li made the remarks at the Special Virtual Dialogue with …
China reports 1,012 new COVID-19 cases on Tuesday vs 776 day earlier
SHANGHAI: China reported 1,012 new COVID-19 cases on Tuesday (Jul 19), of which 150 were symptomatic and 862 were asymptomatic, the National Health Commission said on Wednesday. It was the first time …
Coronavirus Update: China’s new infections top 1000, more restrictions looming
More restrictive measures are on the table, as China reports more than 1000 new coronavirus cases for the first time since May 20. The country recorded 1,012 new coronavirus cases for July 19, of …
China’s Shenzhen reports 19 new local COVID cases on July 19 vs 8 a day earlier
China’s southern technology hub of Shenzhen reported 19 new locally transmitted COVID-19 infections on Tuesday, up from eight a day earlier, official data showed on Wednesday.
