A look at the day ahead in European and global markets from Kevin Buckland China continues to set the mood for markets, and the tone is unswervingly sombre. Property boom poster child China Evergrande has…
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China Evergrande, giant real estate firm, files for bankruptcy in U.S.
Evergrande’s meltdown signaled the start of a slow decay of China’s real estate sector that now threatens to inflict damage on the country’s broader economy.
Shantou eyes key role in data exchange with more efforts in new infrastructure
The construction of a series of submarine communication cables and computing infrastructure in Shantou, a coastal city in Guangdong province, will help provide low-cost and efficient linkage support …
Over 200 int’l institutions to attend 2023 CIFTIS finance service section
[Photo/Xinhua] The China International Fair for Trade in Services 2023 (2023 CIFTIS), scheduled to take place in Beijing from Sept. 2 to 6, will see 219 financial institutions and businesses …
China central bank makes biggest weekly net cash injection since March
SHANGHAI/SINGAPORE, Aug 18 (Reuters) – China’s central bank made the biggest weekly short-term liquidity injection into the banking system in nearly five months this week. The People’s Bank of China …
Real reason for China’s war on crypto, 3AC judge’s embarrassing mistake: Asia Express
Sources reveal the real reason China is ramping up efforts to stamp out Bitcoin and crypto. And a year’s worth of 3AC court orders nixed.
Taipei mayor to visit China as tensions simmer with Taiwan
The mayor of Taipei will visit Shanghai at the end of this month for an annual city forum, his office said on Friday, a trip that will take place against the backdrop of frozen ties…
China Evergrande collapse shows need for $1 trillion Beijing rescue plan, says Clocktower strategist
China Evergrande’s bankruptcy filing in New York on Thursday shows a need for Beijing to go big, and soon, to sop up the nation’s soured real estate, …
China Is Desperate to Boost Its Low Birth Rates. It May Have to Accept the New Normal
China’s efforts to lift birth rates, experts say, may be futile. Instead, authorities should focus on boosting automation, immigration, and eldercare.
China’s property troubles aren’t getting better, intensifying calls for bolder policy help
Prospective home buyers are holding back on making purchases, leading to weak sales that compound the urgent need for policymakers to step up support for the industry.
China’s struggling property giant Evergrande files for bankruptcy protection in US
The company’s chapter 15 protection will protect its US assets while it attempts a restructuring deal China’s Evergrande Group, the world’s most heavily indebted property developer and the poster child for the country’s property crisis,…
China’s growing aggression will be in focus as U.S. closes ranks with Japan and South Korea
A U.S. summit with Japan and South Korea will lay out “ambitious” steps to bolster trilateral security ties, a senior Biden administration official said. President Joe Biden will unveil the measures with Japanese Prime Minister…
Evergrande: China property giant files for bankruptcy in US
Property giant Evergrande has filed for bankruptcy protection in the US as the real estate crisis in China deepens. The move comes as problems in China’s property market are adding to concerns about the world’s…