China’s largest private property developer Country Garden Holdings said on Wednesday it was facing a liquidation petition for not repaying a term loan facility worth HK$1.6 billion ($204.5 million).
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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
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China’s Country Garden faces liquidation petition
China’s first home-grown ground simulation space station passes acceptance review
Developed by the Harbin Institute of Technology and the China Aerospace Science and Technology Corporation, it has simulation capabilities for nine space environment factors, including plasma, …
Europe gives China a free pass in supporting war on Ukraine
Russian President Vladimir Putin wants to dominate Ukraine and the Baltics because he believes they belong to Russia. But by supporting Russia with vastly increased imports, now accounting for half of …
Renault takes on electric car challenge from China
The boss of Renault has said European manufacturers “can’t surrender”, despite Chinese and US brands leading the market for electric cars.The company has just launched the new Renault 5, a futuristic …
Shougang Park one of Beijing’s latest evening destinations
During the Lunar New Year, Beijing’s various gathering spots offered exciting options for nighttime adventures. Places like the Liangma and Tonghui rivers dazzled visitors with captivating light …
China Urges UN to Define Roadmap to Exempt Non-Nuclear States From Nuclear Threat, State Media Says
BEIJING (Reuters) – The United Nation’s Conference on Disarmament should define a roadmap or timetable for an international legal instrument to exempt non-nuclear-weapon states from the threat of …
McKinsey ‘advised Chinese agencies’ in row over Beijing work
The consultancy giant said marketing claims it advised the central Chinese government were “inaccurate” as it faces calls to be barred from winning US contracts.
China Deploys Military Helicopter As Dispute With US Ally Escalates
The Philippines has accused China of jamming the identification broadcasting systems of ships entering disputed Scarborough Shoal …
China’s January net gold imports via Hong Kong jump 51% m/m
China’s net gold imports via Hong Kong jumped about 51 per cent in January from the previous month, Hong Kong Census and Statistics Department data showed on Tuesday.Net imports into the world’s top …
China vows to break down barriers to aid economic recovery, but call continues for stronger stimulus
Chinese Premier Li Qiang held a study session with his cabinet on Monday, vowing to tackle barriers to forming a vast market, with officials discussing a wide range of economic issues at various other …
Shein’s China ties might mean it IPOs in London instead of New York
The U.K.’s Sky News is reporting that London might usurp New York for the initial public offering. The outlet says that Jeremy Hunt, the UK’s chancellor of the exchequer (a rough equivalent to …
Snøhetta’s new Beijing City Library is the world’s largest climatized reading space
In Beijing’s Tongzhou District, a new public library by Snøhetta recently opened its doors. Beijing City Library is one of three prominent cultural institutions underway in a neighborhood considered …
HTX, formerly Huobi, resubmits Hong Kong crypto licence application days after withdrawal
The withdrawal is a dramatic retreat for the world’s fifth-largest crypto exchange, which had hoped to win customers in Hong Kong after exiting the mainland market.