China’s multiyear property crisis is set to drag on in 2025 as prices and sales remain weak despite the government’s stimulus push to spur demand, according to Fitch Ratings.
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China’s Property Slump May Extend Into 2025, Fitch Says
Liquidators of China Evergrande file winding-up petition against co’s unit
Liquidators of property developer China Evergrande on Thursday presented a winding-up petition against unit Tianji Holding, a guarantor for certain offshore senior notes issued by Scenery Journey …
China investigates a top military official as Xi broadens purge of PLA generals
China has suspended a top military official and placed him under investigation for corruption, the defense ministry said, as leader Xi Jinping broadens a sweeping purge in the upper ranks of the world …
China General Education Reports 2024 Financial Results
Despite this growth, the company’s gross profit decreased to RMB 157,528,000 from RMB 174,901,000, and net profit fell to RMB 108,416,000 from RMB 137,256,000. The decline in earnings per share from …
High-ranking military official in China placed under investigation, defense ministry says
High-ranking military official in China placed under investigation, defense ministry says – China’s Defense Ministry says a a high-ranking military official is under investigation …
America Can Be a Blockchain Powerhouse – Here’s How
America is at a crucial moment in the blockchain arms race. We examine how the U.S. can and must take the lead in crypto and shape the digital finance revolution.
China Minsheng Bank Wins Legal Battle Over Loan Dispute
China Minsheng Banking (HK:1988) has released an update. China Minsheng Banking Corp. has successfully upheld a legal decision against Oceanwide …
Chinese Court Rules Crypto Cannot Be Used for Wage Payments
A Shenzhen court has ruled that cryptocurrency, including USDT, cannot serve as a legal form of wage payment under Chinese labor laws.
Dragons In Detroit? China’s Secret To Automotive Success
Today, Chinese automakers have become a formidable force, coming a long way to loosen the stranglehold that Western and Japanese automakers once had on the automotive …
China Issues New Missile Warning to US and Philippines
China urged Washington and Manila to withdraw the Mid-Range Capability missile system from the Philippines immediately.
China To Use Adjustable ‘Net’ To Catch Reusable Rockets
China is developing reusable rockets to launch in 2025 and 2026. See the ‘net’ technology they will use to catch the booster when it returns to Earth in this animation. Credit: Space.com | footage cou…
Diamonds can store record-breaking 1.85 TB data for millions of years: China
The team believes their diamond system can lock away precious data for millions of years. They have developed a technique to encode info …
US business cycle calls for deeper China-US economic ties
China’s Vice Minister of Finance Liao Min recently met with several business and academic leaders from the US in Beijing. During the talks, the US representatives voiced their hope to strengthen …
