An 87% value wipeout for Chinese developers’ dollar bonds is symptomatic of the wider crisis facing the nation’s property sector, which has seen 53 companies collapse in about two years.
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China’s property crisis deepens with 87% value wipeout in developers’ dollar bonds
Country Garden Posts Record Loss, Warns of Default Risk. China’s Property Problems Are Mounting.
The developer said it feels “deeply remorseful for the unsatisfactory performance” and added that it could end up defaulting on its debts.
China’s food security: Xinjiang develops seawater aquafarming in desert region amid agriculture focus
An aquaculture firm in China’s Xinjiang Uygur autonomous region says it has succeeded in a pilot project to develop technology to simulate seawater in its fishery, developing eight seafood products.
China’s Slowdown Is Being Ignored by Global Macro Managers
Global financial markets are showing few signs of fretting over all the negative headlines from China, however discouraging they may seem.
China’s Country Garden faces crucial vote to delay onshore bond payments
By Xie Yu, Clare Jim and Li Gu HONG KONG/SHANGHAI (Reuters) -Embattled Chinese property developer Country Garden faces a critical test of investor confidence on Thursday, as creditors prepare to vote …
China decried U.S. tariffs, requested equal treatment for its firms in Raimondo meeting
China’s commerce minister urged Chinese companies investing in the U.S. to be given “equal treatment” and called U.S. tariffs on Chinese imports “discriminatory”, when he met U.S. Commerce Secretary …
U.S. Commerce Secretary offers China more dialogue at ‘very open’ talks in Beijing
CNN’s Rosemary Church speaks with CNN Economics and Political Commentator, Catherine Rampell, about U.S. Commerce Secretary Gina Raimondo’s trip to Beijing.
China says drop in trade with the U.S. is ‘a direct consequence of U.S. moves’
China’s ambassador to the U.S., Xie Feng, has blamed U.S. tariffs and export controls for a drop in trade between the two countries.
China’s new national map has angered its neighbors
The Philippines has become the latest of China’s neighbors to object to its new national map, joining Malaysia and India in releasing strongly worded statements about Beijing’s apparent claims on …
China Defence Ministry: We Will Crack Down on Every Corrupt Official
BEIJING (Reuters) – China’s Defence Ministry on Thursday vowed to “crack down on every corrupt official”, when asked about a reshuffle of senior rocket force commanders and the whereabouts of former …
Japan to support fishing industry after China’s ban
STORY: Japan’s leader pledged hundreds of millions of dollars to support the nation’s fishing industry on Thursday, after China, the biggest importer, slapped a ban on the country’s seafood, following …
China is on track to become ‘too risky’ and ‘uninvestable,’ Gina Raimondo says after Beijing visit
Official figures show foreign investment plunged in the latest quarter. Raimondo visited Beijing as part of U.S. efforts to restore relations that plummeted to their lowest level in decades due to …
China lets Baidu, others launch ChatGPT-like bots to public, tech shares jump
Four Chinese tech firms, including Baidu Inc and SenseTime Group , on Thursday launched their artificial intelligence (AI) chatbots to the public after receiving government approval, as China’s government pushes to widen the use of…
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