China’s Zhongzhi Enterprise Group has at least $31 billion more liabilities than assets and now faces “significant going concern risks,” it said in a letter to investors.
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Chinese Financial Conglomerate Zhongzhi Has a $31 Billion Problem
Crypto scam: Inside the billion-dollar ‘pig-butchering’ industry
Fraudulent crypto investment schemes directed from Asia known as “pig butchering” have become a global billion-dollar industry. But little is known about those who benefit. Reuters traced at least $9 …
SPECIAL REPORT-How ‘pig butchering’ scams have emerged as a billion-dollar crypto industry
During that time, a cryptocurrency account registered in Wang’s name was receiving millions of dollars linked to a type of cryptocurrency investment scam known as pig butchering, a Reuters …
Honor aims for an IPO as Huawei spin-off looks to cement position as China’s leading smartphone maker
Huawei spin-off Honor says it is aiming for an IPO as budget smartphone maker looks to cement its position as China’s leading handset vendor.
WHO asks China for more information about rise in illnesses and pneumonia clusters
The World Health Organization says it has made an official request to China for information about a potentially worrying spike in respiratory illnesses and clusters of pneumonia in children. The U.N.
WHO asks China for more details about rise of pneumonia in children
Several respiratory illnesses are co-circulating in China this year after the lifting of COVID-19 restrictions. View on euronews …
Mystery Pneumonia Spreading in China as Children Fill Hospitals
The WHO has asked China for clinical data and lab results from patients from the rapidly growing infection clusters in northern China.
W.H.O. Asks China for Details on Surge of Respiratory Illness in Children
Reports of overcrowding at pediatric hospitals in China have raised concerns about a jump in respiratory illnesses affecting children.
Taiwan poll shows dip in US trust amid growing concern over China
Survey two months before presidential election reveals more than 80% of people think threat from Beijing has worsened
Cold wave sweeps across north China, yellow alert renewed
With plummeting temperatures and chilly winds blowing, many regions in north China ushered in a new wave of cold weather this week. China’s meteorological authorities renewed a yellow alert for cold w
Xinhua Headlines: Global financial institutions jump at chance to boost China presence
* Many global financial institutions have been briskly stepping up investments and increasing their presence in China this year. * China has been intensifying moves to promote a high level of financia
China’s Fuel Export Quota Could Spark Global Supply Challenges
China’s gasoline exports have declined due to limited remaining fuel export quotas and increased domestic demand, potentially impacting global fuel markets this winter.
China Official Walks Back Xi’s Assurance to Biden
Xi was reported by the Associated Press as having told Biden during a meeting in San Francisco on November 15 that he had no plans to invade Taiwan. The report cited a U.S. official speaking…
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