China’s volatile economy is now at a point “where the rubber hits the road”, leaving UK banks HSBC and Standard Chartered vulnerable, as well as car manufacturer Land Rover, a financial expert has warned. Bob…
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UK banks and Land Rover in firing line over China’s financial contagion risk, warns expert
The Real Evergrande Reckoning Is for China’s Foreign Creditors
Offshore lenders to other property developers in the country should be worried about the precedent.
Analysis-Evergrande Liquidation Highlights Investor Despair at China Debts
Total U.S. dollar issuance for China collapsed to $42.5 billion last year from pre-pandemic levels above $200 billion, data from Dealogic showed and while resolving Evergrande’s debts could help, …
China issues 9.34 trln yuan local gov’t bonds in 2023
BEIJING, Jan. 30 (Xinhua) — China’s local governments issued new bonds worth around 9.34 trillion yuan (about 1.31 trillion U.S. dollars) in 2023, data from the Ministry of Finance showed. Of the …
Chinese Jewelry Chain Zhou Liu Fu Considering a Hong Kong IPO, Sources Say
Zhou Liu Fu Jewelry Co. is considering an initial public offering in Hong Kong as soon as this year, according to people with knowledge of the matter.Most Read from BloombergTraders Line Up for …
Beijing is unlikely to rescue Evergrande’s offshore creditors because it could make things worse at home
Embattled Chinese real-estate giant Evergrande has been ordered by a Hong Kong to liquidate following two years of debt crisis.
Taiwan’s foreign minister pushes back at Beijing’s criticism of incoming President William Lai
Taiwan’s foreign minister has rejected Beijing’s warning that the election of Taiwanese President William Lai would jeopardise the status quo between China and Taiwan.
Evergrande’s fate hinges on recognition of China authorities
Any liquidation of property giant Evergrande hinges on Chinese authorities recognising the ruling of a Hong Kong court, in a decision that could also effect the city’s standing as a global financial centre,
Key China Bond Yield Hits Lowest in Over Two Decades as Easing Hopes Rise
The yield on China’s benchmark government bond dropped to its lowest level in over two decades on growing expectations that Beijing will deliver more monetary policy easing to help bolster its economy …
Beijing to expand green space coverage
Beijing plans to complete afforestation of 10,000 mu (666.67 hectares) while adding another 200 hectares of urban green space in 2024, said Gao Dawei, head of the bureau, adding the city will strive …
Beijing faces tough choices as its real estate crisis deepens
Beijing has the invidious choice of either ploughing yet more debt into its property market to limit the damage caused when its massive real estate bubble burst, or sitting back as mini-bubbles …
Large-Scale 5.5G Network Pilot in Beijing by China Unicom & Huawei
China Unicom Beijing and Huawei have successfully deployed a pilot large-scale 5.5G network in Beijing to provide continuous coverage in three key areas, including Beijing Financial Street in the city …
Beijing embraces Spring Festival with 10,000 activities
Beijing will introduce nearly 10,000 festival themed activities around the Chinese New Year holiday, the city announced at a press conference Monday. Traditional temple fairs and festive activities …