A trust linked to one of China’s wealth management giants has failed to make payouts on dozens of products in another sign of trouble in the country’s economy. Multiple clients at Zhongrong International Trust reported…
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Fearing vulnerability to China, Europe has a new worry: Electric buses
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In China, the Dream of Outrunning Time
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Recent Posts
A major Chinese trust firm missed payments, adding to Beijing’s financial concerns
Shenzhen to intensify crackdown on speculation, smears against private businesses
VCG. South China’s Shenzhen vowed on Wednesday to intensify its crackdown on ill-intentioned speculation and smears against private businesses among its newly 20- …
China’s sluggish economy could indicate a ‘black swan’ event: Tim Anderson
NYSE trader Tim Anderson discusses the global impact of China’s slow rate of growth on ‘Cavuto: Coast to Coast.’
The Macallan: Building an exceptional brand as China’s ultra-premium whisky market booms
Jing Daily chats with Francois Saurel, regional managing director of Asia Pacific at Edrington, about The Macallan Litha and the art of crafting localized stories for Chinese clients.
China blocks Intel’s $5.4B merger with Tower Semiconductor
For Intel, this setback has ended a plan to expand its business into a “faster-growing part of the semiconductor … Last year, TSMC chair Mark Liu warned that brewing tensions could cause China to …
Don’t panic about the new Covid-19 variant, experts say it’s not lethal
However, speaking to EWN, Professor Ramneek Ahluwalia of Higher Health said there is no need to panic. He said the current data, which has been sourced from North America and China, does not show any…
Concerts and music festivals are more popular than ever among China’s young people
Concerts and music festivals are more popular than ever among China’s young people After months of cancellations and postponements due to the Covid-19 pandemic, major music events are now back, and …
Russia Says America Started COVID-19 Pandemic and Plotting a Sequel
The origins of the global novel coronavirus pandemic remain unknown at this point, and a debate remains about whether it was the result of a lab leak or naturally occurred – although it is accepted…
Tesla cuts Model S and X prices by over 6% in China
People wearing face masks following the coronavirus disease (COVID-19) outbreak check a Tesla Model X sport utility vehicle at a new Tesla showroom in Shanghai, China May 8, 2020. REUTERS/ …
Tesla makes further price cuts in China, reducing models S and X by $7,400 to $8,500
In China, Tesla put the Model X on sale for 754,900 Chinese yuan ($103,444) down from 898,900 yuan. The Model S is being sold for 836,900 versus 808,900 yuan.
China’s JD.com beats revenue estimates on sales amid slowing economy
Chinese e-commerce firm JD.com , beat Wall Street estimates for second-quarter revenue on Wednesday, as its focus on lower-priced products to attract customers amid an economic slowdown paid off.
China’s banks have dialed back lending to the lowest level in almost 14 years as economic woes pile up
The People’s Bank of China said Friday that new loans reached 345.9 billion yuan in July, less than half of Bloomberg’s estimates.
European shares fall on mounting China worries, banks lag
European shares fell on Wednesday on a drag from banks, as increasing evidence of China’s economy rapidly losing steam kept investors on the edge, while UK stocks came under pressure from rising worries over sticky…
