Wong Sang Keng invested S$200,000 in a wine business in China but lost it all when foreign authorities seized the alcohol.
Monthly Archives For October 2023
Remembering Beijing’s entertainment purge: Jaycee Chan’s scandal and the zero-tolerance era
Looking back at the high-profile drug scandal of Jaycee Chan, Jackie Chan’s son, that led to a significant shift in Beijing’s entertainment hiring practices.
What China’s slow-motion real estate crisis means for the global economy
China’s property industry is collapsing in slow motion, with indebted major developers, and the IMF has cut growth forecasts, citing the sector as a big reason.
The sudden death of China’s former No. 2 leader Li Keqiang has shocked many
The sudden death of China’s former No. 2 leader Li Keqiang has shocked many people in the country. They are paying tribute to the official, who promised market-oriented reforms but was politically sidelined.
NYSE Is Optimistic About More Chinese Firms’ IPOs, Head of Int’l Capital Markets Says
During an interview about the initial public offering market on the New York Stock Exchange, Cassandra Seier, head of the bourse’s international capital market, has expressed optimism about more Chine …
Does China’s real estate crisis put the global economy at risk?
China’s real estate industry is collapsing in slow motion. Major developers like Evergrande and Country Garden remain stuck in spiraling debt problems. So-called ‘ghost cities’ dot the Chinese countryside.
Crypto Miners Lobby U.S. Lawmakers to Counter Environmental ‘Misunderstanding’
When crypto mining is discussed in the U.S. Congress, it’s often tied to claims that mining operations are environmental parasites, sapping finite energy resources. But representatives of that sector …
Foreign Executives Flock to China in Run-Up to CIIE, Giving Early Boost to Investment
Overseas executives are pouring into China as the first day of the sixth China International Import Expo fast approaches, triggering an early wave of business exchange and investment. Benjamin Driggs,
China Mobile and Huawei Complete IT Transformation Through DevOps
However, Cloud-native DevOps is facing new challenges during its implementation journey. With a population of more than 80 million, China Mobile Jiangsu serves more than 60 million individual users …
The Command & Control Of China’s Stock Market, Week In Review
Asian equities ended the week on a positive note as Hong Kong and Mainland China outperformed while the Philippines and Singapore underperformed.
China and US hold first financial group meeting, will ‘deepen economic relationship’, Treasury Secretary Janet Yellen says
Financial group meeting on Wednesday followed the first Economic Working Group meeting on Tuesday, with US Secretary of the Treasury Janet Yellen saying the US and China ‘have had a set of very …
Now China Faces Commercial As Well As Residential Real Estate Problems
Office building vacancies jump and rents fall, raising questions about the finances of a new range of property developers and so also China’s economic prospects.
Strong Consumer Turnout Drives Hong Kong Stocks Higher Friday As China’s Former Premier Li Keqiang Dies At 68
Hong Kong stocks rallied Friday as the week closed out higher for consumer stocks and EV makers which investors hope will be the beneficiary of a forthcoming government stimulus. The Hang Seng Index …
