The forced liquidation of China Evergrande epitomizes the sector’s struggles: Nationwide, sales are down and millions of homes have been paid for but not delivered.
Monthly Archives For January 2024
China sees two ‘bowls of poison’ in Biden and Trump and ponders who is the lesser of two evils
As the U.S. presidential campaign moves closer to a Donald Trump-Joe Biden rematch, China is watching uneasily.
Southeast Asian nations cautiously optimistic of progress on Myanmar and South China Sea conflicts
China’s increasingly assertive posture in the South China Sea and escalating violence in Myanmar have topped the agenda for Southeast Asian diplomats in Laos, with the Laotian foreign minister express
China Stock Slump Resumes, Adding Pressure on Beijing to Do More
Chinese stocks slid on Tuesday, with a benchmark heading for a third straight day of declines, underscoring the need for policymakers to take more steps to revive investor confidence.Most Read from Bl …
China urges breakthroughs in GPUs, robotics, quantum computing and brain interfaces to drive ‘future industries’
A document issued on Monday by the Ministry of Industry and Information Technology, the Ministry of Science and … high fence” approach to block China’s access to key technologies. The US has been …
Shenzhen’s ‘Carmen’ makes dazzling debut, builds cultural bridge with Germany
Co-produced by Shenzhen Opera and Dance Theatre and the German National Hamburg State Opera, the Shenzhen adaptation retained the essence of the original while boldly innovating with the use of local …
China Evergrande ordered to liquidate after failed restructuring attempt
A Hong Kong court ordered China Evergrande, the world’s most heavily indebted real estate developer, to undergo liquidation following a failed effort to restructure $300 billion owed to banks and bondholders.
The U.S. Dollar Is ‘Finished’—Wall Street Legend Warns Trump’s And Biden’s China Nightmare Is Suddenly Coming True
The U.S. dollar will catastrophically collapse in the face of China’s surging economy, according to one Wall Street …
Why is China mixing its economic messages when business confidence is so low?
Regulator reversals and empty government rhetoric will make it even harder to restore near-term business confidence, analysts say.
The many cautionary tales in China Evergrande’s demise
Evergrande’s demise already ranks as a long-running saga. The company, which aside from real estate has a string of interests in sports, entertainment, finance, health, cars and agriculture, started its descent into insolvency after it…
Map shows states where Covid-19 cases are rising fastest as infections up 12% in one week
S ix states across the US recorded a sharp rise in Covid-19 cases. Maine, New Hampshire, Vermont, Massachusetts, Connecticut and New York saw an increase in coronavirus cases at a faster rate than the …
The Red Sea crisis tests China’s global ambitions
As Houthi rebels continue their assault on commercial shipping in the Red Sea, the deepening crisis is posing a fresh test to China’s much-touted ambitions of becoming a new power broker in the Middle …
Marketmind: Forget China’s overbuilding fallout – it’s jobs, jobs and Fed
A look at the day ahead in Asian markets. The court-ordered liquidation of debt-laden China Evergrande was expected and hardly rattled Asian investors aside from its bond holders and property …
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