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 …)
PROPERTY
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 … (…
China’s Leader Attacks His Greatest Threat
Xi, 53, was reputed to be among three officials in the running to replace Hu Jintao, China’s dour-faced leader. Ambassador Clark T. “Sandy” Randt, a classmate of President George W. Bush, was … ( read…
China Evergrande shares jump on unit’s fund-raising plan
Debt-laden property developer China Evergrande jumped more than 8% on Monday after its electric vehicles unit said it would raise $3.4 billion by bringing in six new investors, a move that analysts … ( read…
Shares in China Evergrande’s EV unit surge 60% on capital injection
Shares in the electric car unit of China Evergrande, the world’s most indebted property company, surged to a record high after a $3.4bn cash injection boosted hopes for its stalled ambitions to rival … (…
Why Jack Ma Is Not China’s Top Billionaire
China’s billionaire rankings seem as stable as hydrogen. In 2017, Hui Ka Yan, founder of real estate developer China Evergrande Group, was the nation’s richest man. That throne was claimed by Alibaba … ( read…
China’s Billionaires Aren’t As Rich As They Look
Is Zhong Shanshan really a bigger tycoon than Warren Buffett? On paper perhaps but the picture is different once liquidity is calculated. ( read original story …)
How Much Will China’s Growth Stumble in 2021?
Michael Pettis, Houze Song, and Marco Polo China offer competing views on China’s growth. I do not expect negative growth, rather a slowdown in growth. Here are some competing views. My take on how ……
Biz China Weekly: GDP, industrial output, retail sales, employment, property investment, SOE profits, FDI
China’s value-added industrial output, an important economic indicator, went up 2.8 percent year on year in 2020, data from the NBS showed. The growth accelerated from a rise of 2.3 percent registered … ( read…
Shanghai changes rules to stop couples from faking divorces as they vie for less up-front money to buy residential property
The move is an attempt to crack down on married couples who fake their separation on paper – but cohabiting in practise – to qualify for allotments or mortgage entitlement to buy property. ( read…
China Cracks Down on Fake Divorces That Let People Buy More Properties
A resurgence in real estate prices in Shanghai and Shenzhen has prompted authorities to rein in speculation, in line with the Chinese government’s resolve to keep the property market in check. ( read original story…
Shanghai imposes tougher rules on city’s property market
China’s financial hub Shanghai will impose tougher regulations on its property market in response to a recent heating up of house trading in the city. ( read original story …)
