China Evergrande Group (3333.HK) on Wednesday announced plans for the restructuring of its $22.7 billion in offshore debt, which could set a template for distressed rivals and shape investor sentiment …
Monthly Archives For March 2023
‘China and India, we do not want a war’, says Chinese diplomat Ma Jia
Earlier, a Joint statements couldn’t be issued at recent meetings of G20 finance and foreign ministers, due to China and Russia’s opposition to the inclusion of text denouncing the Ukraine war. “Now …
Hunter Biden used FBI mole named ‘One-Eye’ to tip him off to China probes: Tipster
in exchange for their FBI connections and use of the Biden name to promote China’s Belt and Road Initiative around the world. Luft learned about the scheme through his own relationship with Hunter’s …
Beijing is the senior partner in Russia-China relations, reports ISW
The end of Chinese dictator Xi Jinping’s visit to Moscow confirmed that Beijing now dominates Russian-Chinese relations: Russian dictator Vladimir Putin had to take on many more commitments than the Chinese leader had voiced,
China’s Xi leaves Russia after giving Putin a major boost, but no public promise of weapons
Xi Jinping’s visit to Moscow was a big boost for Putin as he faces an arrest warrant for alleged war crimes, but what he probably really wants are rockets and ammunition.
Nvidia Reaches Workaround For Export Of Flagship Product To China, Wins Alibaba And Peer Cloud Units As Clients
NVIDIA Corp (NASDAQ: NVDA) said it had altered its flagship product into a legal version to export to China. On Tuesday, Nvidia said it has similarly developed a China-export version of its H100 chip, …
Markets Lower Except Old Crop Corn: Markets Await Fed Decision but Soybeans Also Hit by Drop in China Prices
Markets are mostly lower except for old crop corn with the China export biz. The trade is awaiting the Fed decision, but soybeans also break below the 200 day moving average following the drop in…
Nike Is Growing In China as Other Brands Struggle to Recover: CEO John Donahoe Explains Why
Brand strength there is bolstered by a strong team of Nike employees situated in China. And hyperlocal product launches and storytelling abilities via locally driven apps are helping the brand connect …
Mistakes by the US’s top spies allowed China to turn a deadly mid-air collision into an intelligence coup
Close-in airborne eavesdropping was dangerous business. As Osborn continued his mission off Hainan Island, the plane was on autopilot as it cruised over the South China Sea at 22,500 feet and about …
Manchin joins 21 GOP senators in push to ban China from World Bank loans
Sen. John Barrasso, the No. 3 Republican in the Senate, introduced the bill the day after China’s president met with Vladimir Putin in Russia.
China auto industry association urges cooling of ‘price-cut hype’
China’s auto industry association on Wednesday urged automakers and authorities to cool “price-cut hype” to ensure the stable development of the industry.”A price war is not a long-term solution”, the …
Syngenta’s $9.5 bln IPO moves closer with Shanghai bourse hearing
After Syngenta passes the hearing, the IPO will still require registration with the China Securities Regulatory Commission. The company aims to launch the offering in June, two sources said, with one …
China Enters the Crypto Game with Conflux (CFX) and NEO (NEO). How Do These Coins Compare with TMS Network’s (TMSN) Presale?
Introduction The crypto situation in China is a complex one. They’ve banned Bitcoin (BTC) many times in the past. Yet, Chinese blockchain projects like Conflux (CFX) and Neo (NEO) continue to perform …
