Two active-duty U.S. soldiers and one former soldier were arrested after being accused of selling state secrets to foreign countries, including China, the Department of Justice said Thursday.
PROPERTY
China’s Evergrande Property Services expects up to 37% decline in annual profit
China’s Evergrande Property Services Group said on Friday that it expects to record a decrease in its annual profit for the year ended December 31, 2024, as it incurred legal expenses in relation to …
US army soldiers accused of selling military secrets to buyers in China
Two US Army soldiers and a former soldier were arrested Thursday, accused in indictments of selling military secrets to buyers in China, according to the Department of Justice.
Two active-duty US soldiers, others charged with selling defense secrets to China
Jian Zhao and Li Tian, active-duty United States Army soldiers stationed at Joint Base Lewis-McChord, along with Ruoyu Duan, a former United States Army soldier, were arrested Thursday after …
Active-duty Army soldier charged with selling classified info to China
An active-duty U.S. army sergeant has been charged with selling sensitive national defense secrets, according to court documents.
China Mulls Ending Price Cap on Unsold Home Purchases
China is considering scrapping a price cap for local governments buying unsold apartments, according to people familiar with the matter, as Beijing seeks to speed up the clearance of millions of empty …
China mulls ending price cap on local governments buying apartments, Bloomberg News reports
China is considering removing a price limit for local governments buying unsold apartments, in a move to accelerate the clearance of millions of empty homes, Bloomberg News reported on Thursday, …
Sustaining economic growth and other takeaways from the start of China’s legislative session
China on Wednesday kicked off its annual parliamentary session, the National People’s Congress, which outlines the government’s priorities for the year. Stabilizing the sluggish economy and pushing …
China eases rules on unsold home purchases
China has pledged to give city governments more say in how they buy unsold homes, as part of efforts to stem the unprecedented property decline.
China to give cities more room to purchase unsold homes
It also pledged to “effectively prevent debt defaults by real estate companies”. Read more at straitstimes.com.
China Sets 2025 Growth Target at About 5% Despite Looming Trade Tensions
China has set an economic growth target of around 5% for 2025, unchanged from last year, despite mounting challenges from trade tensions, weak domestic demand and a prolonged property downturn.
China keeps its economic growth target at ‘around 5%’ for 2025
China is keeping its economic growth target at “around 5%” for 2025 despite a looming trade war with the United States and other headwinds. The target for GDP growth was announced Wednesday in a …
China’s deflation dilemma signals bigger troubles ahead for its stalling economy
China is experiencing deflation, or falling prices, that contrasts with inflationary pressures prevailing elsewhere in the world. Cheaper prices can be a blessing for some, but deflation is a symptom …
