China’s manufacturing activity in January likely shrank for the fourth straight month though at a slower pace than in December, a Reuters poll showed, indicating the country’s sprawling sector was still struggling to regain momentum…
Monthly Archives For January 2024
US, China leaders to meet on restricting illegal fentanyl supply
Senior American and Chinese officials will meet in Beijing this week to discuss methods to hamper the supply of fentanyl from China to the Americas, the White House announced Sunday. The meetings on Tuesday and…
US Ally’s New Weapon To Counter China’s Maritime Threat
India is poised to fulfill an order to the Philippines for its homemade BrahMos missiles, marking a significant moment New Delhi’s defense exports as well as in warming ties with Manila as both …
3 Reasons to Buy Alibaba Stock as It Revisits Its IPO Price
Alibaba (NYSE: BABA), China’s largest e-commerce and cloud company, went public at $68 per American depositary share (ADS) on Sept. 18, 2014. It was valued at $169.4 billion upon its debut, making it …
China limits short-selling in latest effort to stem a stock market rout
China’s top securities regulator has limited short-selling, in its latest effort to stem a protracted $6 trillion-dollar stock market rout that began in 2021.
US, China to hold meeting on fentanyl precursor chemicals this week
The first joint meeting of a U.S.-China working group on fentanyl precursor chemicals will be held on Tuesday in Beijing, a senior U.S. official said on Sunday. “This is a key part of the implementation…
China approves over 40 AI models for public use in past six months
By Josh YeHONG KONG (Reuters) -China has approved more than 40 artificial intelligence (AI) models for public use in the first six months since authorities began the approval process, as the country …
China’s growth model pushes Beijing into more trade conflicts
Swiss solar panel maker Meyer Burger is facing the brunt of competition from China and is warning it may have to close its loss-making production plant in Germany unless the government steps in with …
Analysis-China’s growth model pushes Beijing into more trade conflicts
Swiss solar panel maker Meyer Burger is facing the brunt of competition from China and is warning it may have to close its loss-making production plant in Germany unless the government steps in with …
Hong Kong court orders property firm China Evergrande to liquidate after plan for $300B debt fails
Property developer China Evergrande Group has been ordered to liquidate after it failed to reach a restructuring deal with creditors.
Evergrande, the poster child for China’s property debt crisis, is ordered to liquidate by a Hong Kong court: ‘Enough is enough’
China Evergrande Group helped trigger China’s real estate crisis just over two years ago. The developer, with more than $300 billion in total liabilities, became the poster-child for debt problems in …
Evergrande, symbol of China’s property crisis, heads to liquidation
The Shenzhen-based developer has become a poster child of China’s property crisis since 2021, with total liabilities of over $328 billion at the end of June last year. Last September, its founder and …
Evergrande Was Once China’s Biggest Property Developer. Now, It Has Been Ordered to Liquidate
The Chinese property developer faces imminent liquidation after its overseas creditors failed to reach an 11th-hour deal this weekend to restructure the sprawling real-estate company.
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