WeWork China will not participate in the strategic reorganisation of WeWork in the United States and Canada, it said on Tuesday.
NEWS
Oil prices ease as market awaits China data to gauge demand
Oil prices eased on Tuesday, giving up most of the gains from the previous day, on concerns over weak demand in China, with investors focusing on trade data due later in the day to gauge…
RPT-UPDATE 1-China’s Shenzhen state shareholders show liquidity support for Vanke
By Clare Jim HONG KONG, Nov 6 (Reuters) – The largest shareholder of China’s No.2 property developer by sales value Vanke , state-owned China Metro, said on Monday it has prepared more than 10 billion…
New venue of Shenzhen Art Museum opens
The opening ceremony of a new venue of Shenzhen Art Museum is held in Shenzhen, south China’s Guangdong Province, Nov. 6, 2023. The new venue of Shenzhen Art Museum opened on Monday with a series…
Beijing learns from belt and road mistakes as US overseas lending catches up, says study
China is taking steps to ‘future-proof’ the financing of its transcontinental infrastructure projects, according to the research lab AidData.
Australian PM Anthony Albanese visits Chinese President Xi Jinping in Beijing amid thawing relations
Australian Prime Minister Anthony Albanese met with Chinese President Xi Jinping in Beijing on Monday, indicating a thaw in the relationship between the two countries. The trip marked the first visit by an Australian prime…
Serial Hong Kong litigant files judicial challenge over new rule requiring election hopefuls to obtain nominations from pro-Beijing community leaders
Judicial review applicant Kwok Cheuk-kin argues the government has violated residents’ right to stand for election by requiring them to first receive nominations Democratic Party member Kwok says the new rule is in serious breach…
China lent $1.34 trln in 2000-2021, focus shifts from Belt and Road to rescue finance-report
Chinese financial institutions lent $1.34 trillion to developing countries from 2000 to 2021, U.S. researchers at AidData said in a report that showed the world’s biggest bilateral lender switching from infrastructure to rescue lending.
China ‘world’s biggest debt collector’ as poorer nations struggle with its loans
Country, estimated to be owed up to $1.5trn, is increasing penalties for late payments and cutting back on infrastructure projects
China has acquired a global network of strategically vital ports
But China has already secured a significant stake in a network of global ports that are central to world trade and freedom of navigation. Although the stated goal of the investments was commercial, the United…
Yellen to host China’s He Lifeng for ‘intensive diplomacy’ ahead of APEC
U.S. Treasury Secretary Janet Yellen will discuss economic partnerships with PRC Vice Premier He Lifeng in San Francisco this week.
Survey of wealthy nations finds favorable views rising for U.S., declining for China
P ublic opinions in 24 countries — mostly rich nations — have grown more favorable of the United States than of China, according to the latest survey by the Washington-based Pew Research Center.
Ant Group gets green light from Beijing to release new AI products, built on its own large language model, to the public
The Chinese fintech giant said its Bailing large language model will also be used across its various operations to help the firm develop more innovative AI products.