Country Garden’s shares fell more than 12% in early trading on Wednesday, amid a continued debt crisis in China’s property sector …
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Shenzhen, Hong Kong, and the two competing mega-bridges designed to build a 100 million person megalopolis
Russia is helping China close gap with US forces amid Taiwan tensions, warns longtime military leader
Beijing’s Home Viewing Rises After Chinese Capital Eases Property Market Rules
Zhu Rongji, who helped turn China into a trading giant, dies at 97
Ex-Chinese premier Zhu Rongji, who drove economic reforms and led China into the WTO, dies at 97
China’s answer to Boeing and Airbus makes first international flight — could COMAC challenge the aviation duopoly?
China’s Tencent posts 11% second-quarter revenue rise, profit misses estimates
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Embattled China property giant Country Garden faces liquidation petition
China boosts reforms of local financial regulatory system
[Photo/IC] BEIJING – With reforms of China’s financial regulatory system basically completed at the central level, the country is now advancing such reforms at the local level. At the central level, …
China’s Solar Firms Set to Lower Annual Growth Targets as Profits Crumble
China’s solar industry is likely to set lower expansion targets in 2024, as financial stresses and grid constraints make it challenging to match last year’s explosive growth.
Country Garden faces liquidation petition in new blow to China property sector
Country Garden Holdings said on Wednesday a liquidation petition has been filed against the embattled developer for non-payment of a loan worth $205 million, adding to the woes for China’s liquidity …
Shenzhen offers glimpse of China’s housing future
Xi Jinping’s deleveraging campaign targeting private property developers has led to a softening of growth in the world’s second-largest economy. The Chinese president is nonetheless pressing on with …
First Costco opens in Shenzhen, China: Thousands lined up more than three hours to get in
Costco prepped to launch its first warehouse in South China by opening its Shenzhen location.With a love for big American merchants, tens of thousands of people lined up for more than three hours to …
GWM TANK 700 Hi4-T Launched in Beijing, Shaping a New Standard for Off-Road Flagship Vehicles
GWM believes that a true flagship status lies in technological supremacy. The GWM TANK 700 Hi4-T perfectly represented the outstanding …
Country Garden: China property giant hit with liquidation petition
China’s biggest private property developer Country Garden is facing a liquidation petition, which has been filed in Hong Kong by a creditor. A firm called Ever Credit Ltd filed the case for …
China’s major RV-producing city registers 17.8 pct RV export growth in 2023
JINAN, Feb. 28 (Xinhua) — Rongcheng City in east China’s Shandong Province, a major production and export base for recreational vehicles (RVs) in China, registered an export value for RVs at 1.82 …
China says Beijing and Moscow should strengthen coordination on Asia Pacific
China and Russia should strengthen communication and coordination in Asia Pacific affairs and jointly safeguard regional security, stability and development, the Chinese foreign ministry reported on …
China’s Thrifty Shoppers Create New Stock Winners and Losers
(Bloomberg) — China’s price-conscious shoppers are trading down amid a fragile economic recovery, delivering a boon to firms that cater to the trend while adding pressure on premium brands. Most Read …
Can Beijing Contain the Property Crisis?
China Brief: Can Beijing Contain the Property Crisis? Create an FP account to save articles to read later and in the FP mobile app. Sign Up ALREADY AN FP SUBSCRIBER? LOGIN Print Archive See All…
China’s oil demand growth could halve from pre-Covid levels as property, auto sectors struggle
Chinese oil consumption hit an all-time high of 16.03 million barrels per day last year — a 1.2 million barrels per day growth — as the country took advantage of plunging oil prices to import…
