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Monthly Archives For February 2024
Country Garden: China property giant hit with liquidation petition
China’s biggest private property developer Country Garden is facing a liquidation petition, which has been filed in Hong Kong by a creditor. A firm called Ever Credit Ltd filed the case for …
China’s major RV-producing city registers 17.8 pct RV export growth in 2023
JINAN, Feb. 28 (Xinhua) — Rongcheng City in east China’s Shandong Province, a major production and export base for recreational vehicles (RVs) in China, registered an export value for RVs at 1.82 …
China says Beijing and Moscow should strengthen coordination on Asia Pacific
China and Russia should strengthen communication and coordination in Asia Pacific affairs and jointly safeguard regional security, stability and development, the Chinese foreign ministry reported on …
China’s Thrifty Shoppers Create New Stock Winners and Losers
(Bloomberg) — China’s price-conscious shoppers are trading down amid a fragile economic recovery, delivering a boon to firms that cater to the trend while adding pressure on premium brands. Most Read …
Can Beijing Contain the Property Crisis?
China Brief: Can Beijing Contain the Property Crisis? Create an FP account to save articles to read later and in the FP mobile app. Sign Up ALREADY AN FP SUBSCRIBER? LOGIN Print Archive See All…
China’s oil demand growth could halve from pre-Covid levels as property, auto sectors struggle
Chinese oil consumption hit an all-time high of 16.03 million barrels per day last year — a 1.2 million barrels per day growth — as the country took advantage of plunging oil prices to import…
China’s Country Garden faces liquidation petition
China’s largest private property developer Country Garden Holdings said on Wednesday it was facing a liquidation petition for not repaying a term loan facility worth HK$1.6 billion ($204.5 million).
China’s first home-grown ground simulation space station passes acceptance review
Developed by the Harbin Institute of Technology and the China Aerospace Science and Technology Corporation, it has simulation capabilities for nine space environment factors, including plasma, …
Europe gives China a free pass in supporting war on Ukraine
Russian President Vladimir Putin wants to dominate Ukraine and the Baltics because he believes they belong to Russia. But by supporting Russia with vastly increased imports, now accounting for half of …
Renault takes on electric car challenge from China
The boss of Renault has said European manufacturers “can’t surrender”, despite Chinese and US brands leading the market for electric cars.The company has just launched the new Renault 5, a futuristic …
Shougang Park one of Beijing’s latest evening destinations
During the Lunar New Year, Beijing’s various gathering spots offered exciting options for nighttime adventures. Places like the Liangma and Tonghui rivers dazzled visitors with captivating light …
China Urges UN to Define Roadmap to Exempt Non-Nuclear States From Nuclear Threat, State Media Says
BEIJING (Reuters) – The United Nation’s Conference on Disarmament should define a roadmap or timetable for an international legal instrument to exempt non-nuclear-weapon states from the threat of …
