Profits at China’s largest industrial enterprises fell for a second consecutive year in 2023, but analysts say they could increase by between 7 and 11 per cent this year due to an improved export …
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China’s industrial profits set for rebound in 2024, increase as much as 11% due to improved US export outlook
China Evergrande ordered to liquidate in landmark moment for crisis-hit sector
“Our priority is to see as much of the business as possible retained … “As most of Evergrande’s assets are in mainland China, there are uncertainties about how the creditors can seize the assets and…
China Evergrande has been ordered to liquidate. The real estate giant owes over $300 billion
She said it was appropriate for the court to order Evergrande to wind up its business given a “lack of progress on the part of the company putting forward a viable restructuring proposal” as well…
6 photos and stats that put into perspective the sheer size of Evergrande, China’s dying real-estate giant that has $300 billion in debt
Evergrande, China’s second-largest property developer, had $300 billion in debt. That’s equivalent to 1.5% of China’s GDP.
China arises as global leader in renewable energy output, export
Notably, these products have found their way to more than 200 countries and regions worldwide. Pan revealed that the cumulative value of China’s exports in the clean energy sector has reached …
China foreign ministry will ‘seriously’ study resuming visa-free policy for Japan
China’s foreign ministry said on Monday that it would “seriously” study resuming a previous visa-free arrangement for Japanese visitors to China. China also hopes Japan will work with Beijing to make …
Across China: Shenzhen’s “Carmen” makes dazzling debut, builds cultural bridge with Germany
SHENZHEN, Jan. 29 (Xinhua) — When a classic Western opera and traditional Chinese culture merged in the southern Chinese city of Shenzhen this past weekend, a captivating fusion unfolded on a …
China’s January factory activity likely contracted but less sharply: Reuters poll
China’s manufacturing activity in January likely shrank for the fourth straight month though at a slower pace than in December, a Reuters poll showed, indicating the country’s sprawling sector was still struggling to regain momentum…
US, China leaders to meet on restricting illegal fentanyl supply
Senior American and Chinese officials will meet in Beijing this week to discuss methods to hamper the supply of fentanyl from China to the Americas, the White House announced Sunday. The meetings on Tuesday and…
US Ally’s New Weapon To Counter China’s Maritime Threat
India is poised to fulfill an order to the Philippines for its homemade BrahMos missiles, marking a significant moment New Delhi’s defense exports as well as in warming ties with Manila as both …
3 Reasons to Buy Alibaba Stock as It Revisits Its IPO Price
Alibaba (NYSE: BABA), China’s largest e-commerce and cloud company, went public at $68 per American depositary share (ADS) on Sept. 18, 2014. It was valued at $169.4 billion upon its debut, making it …
China limits short-selling in latest effort to stem a stock market rout
China’s top securities regulator has limited short-selling, in its latest effort to stem a protracted $6 trillion-dollar stock market rout that began in 2021.
US, China to hold meeting on fentanyl precursor chemicals this week
The first joint meeting of a U.S.-China working group on fentanyl precursor chemicals will be held on Tuesday in Beijing, a senior U.S. official said on Sunday. “This is a key part of the implementation…
