Guizhou, one of China’s poorest and most indebted provinces, has hired one of the country’s a top state-owned distressed debt funds, Cinda, to help resolve its “urgent” debt problems.
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China may have to bail out one of its poorest provinces
Green finance: Greater Bay Area pilot for climate-mitigation projects to meet international standards, draw global investors
China’s Greater Bay Area is promoting several decarbonisation projects that will embrace international disclosure and verification standards as it seeks to draw more green financing to help fund the …
Jingdong Airlines launches cargo route linking Beijing, Shenzhen
Jingdong Airlines has launched a cargo route between Beijing Daxing International Airport and China southern metropolis of Shenzhe …
China’s new sweeping counter-espionage law puts foreign businesses on edge
China has broadened the scope of its already sweeping counter-espionage law in a move that analysts warn could create further legal risks or uncertainty for foreign companies, journalists and …
Baijiu ‘godfather’ launches year’s largest IPO in Hong Kong
China’s “godfather of baijiu” launched Hong Kong’s largest IPO of the year on Thursday, with the holding company for four of his liquor brands raising around HK$4.5 billion despite a rocky start to …
The Bad Advice Plaguing Beijing’s Foreign Policy
Xi may be a strongman with unchallenged control of the party apparatus, but the decisions he makes in shaping China’s foreign policy are only as good as the information he receives from his …
China widens ‘already breathtaking’ scope to arrest foreigners for espionage
Authorities can swoop over anything they deem relevant to national security in toughening of law already used against expatriates or their Chinese contacts
China approves wide-ranging expansion of counter-espionage law
Chinese lawmakers passed the revised Counter-Espionage Law following three days of deliberations, and it will take effect from July 1, state media reported.
China’s job market tough, especially for college graduates, vice minister says
China’s job market remains tough, and it is becoming especially hard for college graduates to find jobs, vice Human Resources minister Yu Jiadong said on Thursday.
Russia-Ukraine war live: Russia pounds Bakhmut; US and EU welcome China’s call with Zelenskiy
Russian forces attack east and northeastern fronts 324 times in 24 hours; Xi Jinping call ‘long overdue first step’ says Brussels as White House says outcome too soon to tell
China’s Property Pain Deflates ‘Overhyped’ Iron Ore Market
After a bullish start to 2023, iron ore is struggling with the reality that China’s property sector — the steelmaking material’s largest demand driver for two decades — is still far from a robust …
Unified registry paves way for property tax, though not imminent
Photo / Agencies] The new unified property registration system implemented across China is expected to enhance the nation’s real estate transaction efficiency, better protect the legal rights of …
China Spy Law Adds to Chilling Effect of Detentions; Bain Staff in Shanghai Questioned
The new law tightens state control over a wider swath of data and digital activities, raising concern that normal business activity could fall under the broader definition of espionage.
