The company was given until late January 2024 to reach a debt restructuring deal after Hong Kong’s High Court postponed a hearing that could have pushed Evergrande into liquidation.
Featured Posts Title
US Moves To Loosen China’s Grip on Rare Earth Minerals
‘There just aren’t enough quality jobs’: Why China’s graduate wave can’t fix its labour shortage
Local government investigation into kindergarten lead poisoning in China reveals deep distrust in authorities
US Allies in Europe Project Aircraft Carrier Power Near China
China’s GDP growth set to slow, raising pressure on policymakers
Exclusive: Pandora exploring ways to restructure struggling China business, sources say
Who Is Xu Zewei? 33-Year-Old Chinese Hacker Arrested in Italy for COVID-19 Research Espionage Using Microsoft Server Exploit
Recent Posts
China Evergrande Avoids a Debt Disaster—for Now
China Evergrande Avoids Liquidation With Yet Another Last Chance
With total liabilities of $327 billion, Evergrande has come to embody the liquidity crisis that has spread across the country’s vast real estate industry, which accounts for 25% of China’s GDP. Since …
US Commerce Secretary Urges Allies to Unite Against China’s Export Control Evasion
U.S. Secretary Raimondo warns against China’s “threat” Need a multilateral approach like Qualcomm. China expands production and increases reserves. Pushing for amendments to …
US Moves To Cut China’s Electric Vehicle Power
China exports more than 80 percent of the world’s solar cells as well as half of all lithium-ion batteries consumed annually, according to an analysis last month by the London-based nonprofit China …
China’s big pig breeders dig in as losses and debts mount
bucking Western firms’ derisking trend 5:54 AM UTC Chargedcategory Tesla’s China-made EV sales skid 17.8% on year in November 8:56 AM UTC The Netherlands faces a legal challenge on Monday over …
Beijing accuses US navy of ‘illegally’ entering South China Sea territory
China has claimed that a US naval ship has “illegally intruded” its South China Sea territorial waters.
US Navy responds after China claims American warship ‘illegally intruded’ into the South China Sea
The Chinese military and the United States traded comments after China accused an American warship of violating its sovereignty in the South China Sea.
Japanese battery material companies diversifying suppliers as China tightens exports
China has imposed stricter export controls on graphite, a critical EV battery material, since December 1. Many Japan-based companies relying on China’s raw materials have been diversifying their …
China, Japan, and South Korea Explore Collaboration in Big Data, Blockchain, and AI
China, Japan, and South Korea are forging ahead with plans to enhance collaboration in advanced technology sectors such as big data, blockchain, and artificial intelligence (AI).
China Rips US for Seeing It as ‘Enemy’ After Raimondo Remarks
Markets Wrap Bitcoin Surges Past $41,000 as Crypto Rally Heats Up Alaska Air Agrees to Buy Hawaiian in $1.9 Billion Deal Here’s How to Invest in Gold as It Hits an All-Time High “The US…
China adds Nio to list of approved vehicle manufactures – website
Electric vehicle maker Nio has been added to a Chinese industry ministry database permitting companies to produce vehicles in the country, according to the ministry’s website. The website gave no …
As China mulls 2024 GDP growth target, Beijing must be willing to serve up more stimulus and economic reform
China’s leadership will convene soon to map out next year’s economic trajectory, but analysts say hitting long-term growth targets depends on whether Beijing implement more stimulus measures.
China and Belarus renew strategic ties as Xi Jinping and ‘old friend’ Lukashenko meet in Beijing
China and Western-sanctioned Belarus have pledged to strengthen “strategic coordination”, as their heads of state met in Beijing on Monday. Referring to President Alexander Lukashenko as “an old …
