By Josh YeHONG KONG (Reuters) -China has approved more than 40 artificial intelligence (AI) models for public use in the first six months since authorities began the approval process, as the country …
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China approves over 40 AI models for public use in past six months
China’s growth model pushes Beijing into more trade conflicts
Swiss solar panel maker Meyer Burger is facing the brunt of competition from China and is warning it may have to close its loss-making production plant in Germany unless the government steps in with …
Analysis-China’s growth model pushes Beijing into more trade conflicts
Swiss solar panel maker Meyer Burger is facing the brunt of competition from China and is warning it may have to close its loss-making production plant in Germany unless the government steps in with …
Hong Kong court orders property firm China Evergrande to liquidate after plan for $300B debt fails
Property developer China Evergrande Group has been ordered to liquidate after it failed to reach a restructuring deal with creditors.
Evergrande, the poster child for China’s property debt crisis, is ordered to liquidate by a Hong Kong court: ‘Enough is enough’
China Evergrande Group helped trigger China’s real estate crisis just over two years ago. The developer, with more than $300 billion in total liabilities, became the poster-child for debt problems in …
Evergrande, symbol of China’s property crisis, heads to liquidation
The Shenzhen-based developer has become a poster child of China’s property crisis since 2021, with total liabilities of over $328 billion at the end of June last year. Last September, its founder and …
Evergrande Was Once China’s Biggest Property Developer. Now, It Has Been Ordered to Liquidate
The Chinese property developer faces imminent liquidation after its overseas creditors failed to reach an 11th-hour deal this weekend to restructure the sprawling real-estate company.
China property giant Evergrande told to liquidate
The firm defaulted on its debts back in 2021, throwing the country’s whole property market into turmoil. Now the liquidation order is likely to deepen the crisis in the sector, and jolt China’s …
China Evergrande, World’s Most-Indebted Property Developer, Ordered to Liquidate
China Evergrande Group was ordered to be liquidated by a Hong Kong court, a stunning legal coda for the world’s most-indebted property developer. A wind-up could end up in management being replaced …
Bank of China plans $21 bln bond sales to comply with global capital requirements
BEIJING, Jan 29 (Reuters) – Bank of China Ltd. (601988.SS), opens new tab said it plans to sell up to 150 billion yuan ($21 billion) of loss-absorbing bonds, becoming the nation’s first big state bank…
China small-bank take private offers big relief
Delisting might be the easy way out for China to keep its troubled, small lenders out of the public eye. Bank of Jinzhou , which was rescued by a $1.7 billion bailout from the central…
Bank of China plans $21 billion bond sales to comply with global capital requirements
The lender said it plans to tap both domestic and overseas debt markets to sell a new category of total loss-absorbing capacity (TLAC) bonds, according to a Friday filing with the Shanghai Stock …
Beijing association launches new efforts to promote theater production
Beijing Theater Association announced 24 committee members for its New Art organization. [Photo provided to China Daily] Beijing Theater Association announced its plan for 2024, which will feature exhibitions of theatrical productions, forums, and workshops.
