A lawyer for embattled Chinese property developer Country Garden has told a Hong Kong court that it expects to reach a deal with creditors in February to restructure billions of dollars in debt.
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Chinese property developer Country Garden plans deal with creditors, as industry languishes
China ‘wakes up’ to ‘made-in-India’ iPhones with ‘restrictions’ on manufacturing partners
China seems to be finally taking note of Apple and other technology and auto companies moving manufacturing/assembly to India and other parts of the world. According to a report in Bloomberg, China is …
HSBC, Standard Chartered, Bocom can now open mainland China accounts for Hongkongers
HSBC, Standard Chartered Bank, and Bank of Communications (Bocom) on Monday started helping Hongkongers open mainland bank accounts remotely, the latest move in a broader effort to make it easier for …
China to name Zou Lan as central bank deputy governor, sources say
Zou Lan, head of the monetary policy department at the People’s Bank of China (PBOC), will be promoted to deputy governor of the central bank, two sources with knowledge of the matter said.
China’s frugal young adults accelerate saving, raising economic risks
The frugal trend that began in China during the economic disruption of the pandemic and deepened amid the crisis in the property market is intensifying as Gen Z shuns government calls to spend, spend, …
China Box Office: ‘Octopus With Broken Arms’ Retains Top Spot, ‘Sonic the Hedgehog 3’ Stays in Fifth Place as Business Remains Dull
The Chinese box office continued to be dominated by ‘Octopus With Broken Arms,’ which held its top spot with $8.4 million.
Elon Musk complains about China ban on X as Donald Trump prepares TikTok reprieve
Elon Musk has objected to a lack of reciprocity in the US-China tech relationship, a rare criticism from the billionaire on issues sensitive to Beijing after US president-elect Donald Trump prepared …
China’s Dec imports of Canadian rapeseed decline amid trade probe
China’s imports of rapeseed from Canada, which had been surging since June, plunged in December after Beijing opened an anti-dumping investigation into the oilseed, Chinese customs data showed on Monday.
China’s crude oil imports from top supplier Russia reach new high in 2024
China’s crude oil imports from top supplier Russia were up 1% in 2024 to a record high versus 2023, while purchases from Saudi Arabia dropped 9%, data showed on Monday, as refiners chased discounted …
Aritzia, Canadian Tire, Lululemon among Canadian retailers shifting production outside China
As China has developed economically, “labour costs have increased,” he said. “That’s very straightforward.” Greg Hicks, president and CEO of Canadian Tire — which also owns the international brand …
China urges independent business decision-making after Trump proposes 50% US ownership of TikTok
China’s foreign ministry said on Monday companies should “decide independently” on matters of their operations and deals, responding to a question about U.S. President-elect Donald Trump proposing a …
China’s Vice President Meets With Elon Musk and J.D. Vance Ahead of Trump Inauguration
Han Zheng, Chinese President Xi Jinping’s envoy at Trump’s inauguration, discussed fentanyl, trade, and TikTok with his future U.S. counterpart and business leaders.
Covid pictures resurface in false posts about ‘China health crisis in January 2025’
The World Health Organization said in January 2025 that China’s reported levels of acute respiratory infections, including those caused by the flu-like virus HMPV, were “within the expected range” for …