A Hong Kong judge ordered the property giant to liquidate, but courts in mainland China will set the timeline.
Monthly Archives For January 2024
China’s Jailing of Brit for Espionage Will Further Discourage Business, Analysts Say
Ian Stones disappeared from public view in 2018; last week China confirmed he was sentenced in 2022 for “buying and unlawfully providing intelligence” …
US figure skaters celebrate gold medal from Beijing Olympics with a touch of bittersweetness
The U.S. figure skating team from the Beijing Olympics will receive a gold medal now that Russian skater Kamila Valieva has been disqualified for doping …
Bipartisan action urged to deter China from collaborating with U.S. adversaries
Lawmakers consulted former Secretary of State Mike Pompeo and former Secretary of Defense Leon Panetta on Tuesday, who both warned a House committee not to take China’s aggression lightly.
The Race Is on Between Elon Musk’s Neuralink and China
The race to implant smartphone technology directly into your brain stem heated up when Neuralink implanted a chip into its first human brain on Sunday. To rival this new step in technology, China set …
Starbucks sales miss estimates on slowing demand, China recovery lifts shares
Starbucks missed Wall Street estimates for quarterly sales on Tuesday, in a sign that demand for its pricey coffees and cold drinks in the U.S. might be hitting a roadblock, heaping pressure as it …
China, US to cooperate on fentanyl, Beijing hopes for ‘positive energy’
But such cooperation on narcotics fizzled out when COVID-19 arrived, and multiple geopolitical headwinds pushed bilateral ties to their lowest in decades. At their joint address to the media in …
China Evergrande’s financial mess isn’t over
Yes, but: There are few precedents for a bankruptcy of this size and complexity in China, and the housing sector is politically sensitive (Chinese homebuyers took the risk of publicly protesting in …
Why China’s economy is doing better than people think
Therefore, China should set an inflation target of 3% to 4%, and allow the PBOC to ease monetary policy. The central bank could also purchase government debt on the open market if previously issued …
China invested $27 billion in 5G last year: Report
China’s 5G investments increased by 5.7% last year versus the previous year, representing over 45% of the country’s overall investments in telecom fixed-assets. China’s total investment in 5G base …
Report Reveals China, Russia Masking Military Power of Satellites
A new U.S. military report reveals China and Russia’s strategic moves in space. Both nations are deploying dual-use satellites with obscured military functions to gain asymmetric advantages.
Hong Kong eyes moves to attract IPOs of mainland Chinese, Middle Eastern firms to spur stock market, Paul Chan says
The government is actively engaging with mainland Chinese regulators to speed up the approval process for companies listing in the city. Measures will also be rolled out to attract family offices and …
Ancient treasures found in massive tomb of wealthy family in China
Archaeologists exploring a small village in China announced recently that they discovered three tombs filled with ancient treasures, including gold ornaments, a jade sword and ivory lacquerware.