China’s property sector continues to unravel as another developer falls behind on its debt payments, according to Bloomberg. Country Garden Holdings – once China’s largest developer by sales – failed …
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China’s property sector is in dire straits as yet another developer reportedly runs into trouble
China Property Stocks Lead Hong Kong Market Slump
A cash crunch at China’s largest surviving property developer rattled Hong Kong’s stock market on Tuesday, sending the benchmark Hang Seng Index down 1.8%. Country Garden Holdings said it missed …
Stock market today: Wall Street dips in premarket on Chinese export data, Moody’s bank downgrades
BEIJING — Wall Street futures slid Tuesday after new data showed sharp declines in Chinese exports and Moody’s downgraded the credit ratings of a number of smaller U.S. lenders. Futures for the S&P …
Stocks slide, weighed down by worries about banks and China: Stock market news today
Stocks sank on Tuesday, set to open in the red after surprisingly weak Chinese trade data and a warning about US bank health sent shivers through markets.
China’s economy is sputtering as the nation’s exports hit their lowest level in over 3 years
China’s hopes for a post-pandemic rebound still haven’t materialized, and worsening geopolitical ties between the US and Beijing haven’t helped.
AMIRO Named One of Forbes China’s Best Emerging Brands 2022
AMIRO also forms strategic cooperation with renowned research and education initiations to promote industry-academia-research cooperation. Thanks to the synergy with its partners, AMIRO is now the …
Law Firm Dentons Splits From China Arm as Beijing Scrutiny Grows
Global law firm Dentons is splitting from its Chinese operations to comply with impending data regulations, one of the more significant withdrawals by a Western company as Beijing intensifies a campaign to curb outflows of…
Floods highlight how China’s grand ambitions for the Beijing area carry a heavy cost for outlying areas
The Beijing authorities pledged over a decade ago to turn the capital into a “most liveable” world-class metropolis within the next 10 years. But despite a spree of infrastructure building, their ambitions took a blow…
China to ensure flood victims can return home by winter – state media
China will speed up the reconstruction of destroyed houses in the country’s north and northeast and repair agricultural land to ensure those affected by recent record flooding can return to their homes by winter,
China’s Largest Surviving Developer Hits Debt Crisis
Country Garden Holdings, once lauded by China’s authorities as a model for others, missed interest payments on two U.S. dollar bonds.
China allocates 732 million yuan to agriculture disaster relief work
China on Tuesday allocated disaster relief funds totaling 732 million yuan about 1023 million US dollars to support the recover …
Foxconn’s Shenzhen-based subsidiary to ‘exclusively’ supply Apple with AI servers made in Vietnam: report
Shanghai-listed Foxconn Industrial Internet has also supplied its servers to Amazon Web Services, ChatGPT creator OpenAI and chip maker Nvidia The reported Apple server deal could see greater …
HKC Pulls USD1.3 Billion Shenzhen IPO as Chinese LCD Panel Maker Fails to Make the Cut
Sixty-seven companies have withdrawn their applications to go public on the ChiNext board so far this year, 61 of which were self-initiated. And 126 IPO filing have been pulled altogether on the …