China has weaponized a new legal mechanism in its war of conquest against foreign intellectual property and technology.
PROPERTY
Exclusive: China Evergrande’s wealth management arm faces local government inquiry
The Shenzhen government is investigating a unit of Chinese developer Evergrande, the city’s financial regulator told investors on Monday, in the first sign of an official inquiry into the wealth …
Property giant’s looming collapse threatens to destroy China’s growth model
As the crisis facing the world’s most indebted real estate company rages on, many experts have remained cautiously optimistic that the nightmare was under control.
China steps up funding oversight of Evergrande property projects: Report
BEIJING: Several local governments in China have set up special custodian accounts for property projects of its most indebted developer, Evergrande, to protect funds earmarked for housing projects …
China Wields New Legal Weapon to Fight Claims of Intellectual Property Theft
In four major cases since 2020, Chinese courts granted so-called anti-suit injunctions blocking foreign companies from taking legal action anywhere in the world to protect their trade secrets.
How fall of property giant Evergrande sent a shockwave through China
All eyes are on Xi Jinping as expectation grows that the government will have to intervene to protect small creditors …
China confiscates millions of dollars of Uyghur Muslim property
The Wall Street Journal reported that China has confiscated tens of millions of dollars of property and assets of Uyghur Muslim detainees in Xinjiang. At – Report on The Eastern Herald …
David McWilliams: A property crash in China would rock global system
Is China the new Japan? The monumental debts of Evergrande, the Chinese real-estate developer, may signal the beginning of a slow property crash in China, which could engulf its ageing population much …
Analysis-Evergrande woes to take toll on China property sale and drive M&A
The debt crisis engulfing China Evergrande Group has begun to dent homebuyer sentiment and force developers to cut prices, signalling deeper consequences for the world’s No.2 economy and a …
Evergrande buyers protected by Beijing as China property crisis deepens
Creditors fall behind homeowners in race to retrieve funds from property developer drowning in $300bn of debt as fears of collapse mount …
6 photos and stats that put into perspective the sheer size of Evergrande, China’s embattled real-estate giant that has $300 billion in debt
Evergrande, China’s second-largest property developer, is $300 billion in debt. That’s equivalent to 2% of China’s GDP.
Alarmed by Evergrande, China’s lenders hold back on new credit for property developers
As fears of contagion from any default by China Evergrande Group mounted this month, some Chinese banks, insurers, and shadow banks stopped offering new credit to property developers, and ran urgent …
China’s property sector risks falling into bear market – Citibank
China’s home prices are at risk of “meaningful downside” regardless of what happens to China Evergrande Group, Bloomberg reports, citing analysts at Citigroup. Key quotes It …
