Chinese President Xi Jinping called on officials to step up protection of intellectual property rights from the perspective of “national strategy,” Xinhua News Agency reported. Protecting intellectual … ( read original story …)
PROPERTY
Evergrande’s property service unit pays US$233 million to buy a rival to meet target of increasing 2020 profit by 50 per cent
While many property services companies benefit from new projects of their parent developers for expansion, Evergrande’s services arm needs mergers and acquisitions to sustain growth, UBS Group AG … ( read original story …)
How A Former WeWork Exec Aims To Jumpstart The Property Market Landscape In China
After a proptech’s $2 billion IPO last summer, all signs point to China being the next big growth area for the industry. Here’s how a new start-up model is attempting to capitalize on the momentum.…
U.S. Intelligence Claims China Wants to Steal Your DNA
China has been accused of stealing a lot of things from America: intellectual property, “jobs and wealth,” even our role as the world’s biggest jerk. Now, US national security officials warn that … ( read…
China Executes Former Head of Asset Management Firm in Bribery Case
The former head of a Chinese state-owned asset management company was executed Friday on charges of taking bribes in an unusually severe penalty for a recent corruption case. Lai Xiaomin of China … ( read…
China’s property market is a driver — and risk — for steel prices
China’s massive property market serves as a supporter of steel, iron ore and coking coal prices, in addition to a large share of GDP. ( read original story …)
China tells big cities to cool overheating property market
China’s deputy housing minister has urged authorities in major cities to take steps to curb property market speculation following a recent surge in residential real estate prices, state media Xinhua … ( read original story…
Hang Lung has US$132 million in limbo as its purchase of Shouson Hill villas in Hong Kong hits a snag amid US-China spat
Hang Lung Properties said it had paid a US$33 million deposit for the Shouson Hill villas on The Peak – a deal that hangs in the balance as the direction of US-China relations remains to…
China HGS Real Estate (NASDAQ:HGSH) Shares Gap Down to $2.30
China HGS Real Estate Inc. (NASDAQ:HGSH) shares gapped down before the market opened on Tuesday . The stock had previously closed at $2.30, but opened at $2.13. China HGS Real Estate shares last … (…
Four of China’s biggest cities scramble to knock a real estate bull run off its pace amid fear of risk and bubbling debt
China’s home sales defied the Covid-19 pandeic and rose 8.7 per cent last year, with the average price soaring for 33 consecutive months. Such lofty heights are raising concerns among policymakers … ( read original…
China Says It Will End All Patent Subsidies
Weeks after the U.S. Patent and Trademark Office issued a report saying the soaring number of Chinese patent applications is likely due to government subsidies, China’s intellectual property … ( read original story …)
China expresses opposition to USITC decision on wood products
China strongly opposes the United States International Trade Commission’s decision stating wood moldings and other millwork from China harm the US wood product industry, according to its Ministry of … ( read original story …)
China’s Geely to help bankroll Faraday Future SPAC deal: sources
Chinese automaker Geely will be an anchor investor in a plan by U.S. electric vehicle firm Faraday Future to go public through a merger with a blank-check acquisition company, two people familiar with … (…
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