Sunac China shares and bonds plunged on Friday (Jan 10) after a liquidation petition was filed against the property developer, adding to concerns over its business recovery and repayment ability …
Monthly Archives For January 2025
China’s central bank suspends treasury bond purchases
BEIJING, Jan. 10 (Xinhua) — The People’s Bank of China announced on Friday that it has decided to temporarily suspend treasury bond purchases in the open market, starting from this month.
From mala to milk tea, China’s F&B giants take South-east Asia by storm
SINGAPORE] China’s food and beverage (F&B) brands, from bubble tea chain Mixue and hotpot giant Haidilao to Luckin Coffee and Chagee, are charging into South-east Asia, capitalising on the region’s …
China says greenhouse gas emissions hit 13 billion tons in 2021
China emitted 13 billion metric tons of climate-warming greenhouse gases in 2021, up 4.3% from a year earlier, it said in its latest official submission to the United Nations, published by state media …
China central bank is moving faster towards its policy limits
China’s central bank is expected to deploy its most aggressive monetary tactics in a decade this year as it tries to stimulate the economy and soften the blow of impending U.S. tariff hikes, but in…
Tesla’s new Model Y debuts in China with upgraded features and higher price tag
Tesla has unveiled a refreshed version of its best-selling Model Y in China, taking direct aim at intensifying competition in the world’s largest electric vehicle (EV) market. With rival automakers …
China’s Country Garden proposes deal to reduce offshore debt by $11.6 bln
Chinese property developer Country Garden on Thursday proposed a deal to restructure offshore debt worth $10.3 billion, providing its creditors multiple options including converting debt into cash and …
Sunac China Shares Fall Sharply After Receiving Winding-Up Petition
Shares of Chinese property developer Sunac China tumbled after the company received a winding up petition as the country continues to struggle with its property sector downturn. Shares fell 24% to …
How to trigger Trump: Britain’s cozy China trip risks America’s anger
Reeves’ mission has become more desperate as the U.K. economy continues to falter, with borrowing costs this week reaching 1998 levels and the pound tanking, threatening the government’s pledge to …
China bets on $11B consumer trade-in scheme to revive economic growth
China added more home appliances to the list of products that can be used in its $11 billion consumer trade-in scheme and will offer subsidies for additional digital goods this year, in an effort to…
China Bracing for Trump’s Tariffs: Will They Really Be 20% Instead of 60%?
Speculation rises that Trump’s tariffs on China may average 20%, impacting GDP growth and prompting potential retaliation from China.
Chinese Toy Entrepreneur Zhu Becomes Billionaire After Frenzied IPO
Bloks’ Hong Kong initial public offering Friday was 6,000 times oversubscribed and wildly popular after trading began, giving Zhu, the 42-year-old chairman and CEO, a fortune of $1.7 billion mostly …
China’s economic malaise deepens as economic warfare intensifies
Its problems have been exacerbated by the economic warfare which now prevails, sparked by the anti-China measures implemented by the US. These will be intensified by the incoming Trump administration …
