Debt-laden China Evergrande Group , the country’s second largest property developer, has pleaded for government support to approve a restructuring plan that has languished for four years, warning it …
Featured Posts Title
China’s top diplomat urges Iran, US to show restraint, revive talks
China defence minister urges nations to curb regressive historical trends
Digital tools enable 80% of Shenzhen grid inspection tasks to be conducted remotely
China’s defence chief warns against coercion, avoids US, Japan mention
China Defence Minister urges countries to check surge of regressive historical trends
As the world debates the risks of AI, China is catching up
FirstFT: China tightens control of overseas travel
Recent Posts
China’s No.2 developer Evergrande pleads for government support to avoid cash crunch
China Evergrande shares, bonds suffer sell-off on cash-crunch concern
Investors sold off China Evergrande Group shares and bonds on Friday after a leaked document showed the nation’s second-biggest property developer by sales sought government help to avert a cash …
-China’s Aug property investment growth hits 16-mth high
China’s real estate investment rose at the fastest pace in 16 months in August, supported by robust sales, as the property market helped underpin the post-COVID economic recovery.
China c.bank says will continue to push forward LPR reform
China’s central bank will continue to push forward the reform of Loan Prime Rate (LPR) and bring deposit interest rates into line with market rates, the People’s Bank of China said on Tuesday.
-U.S. pulls back from broad import bans for cotton, tomatoes from China’s Xinjiang
The Trump administration on Monday shelved plans for a broad import ban on cotton and tomato products from China’s Xinjiang region while announcing narrower bans on products from five specific …
China says U.S. bans on Xinjiang imports sabotage global supply chains
China’s foreign ministry said on Tuesday that U.S. import bans on some products from China’s Xinjiang region were sabotaging global supply chains.
-China’s Communist Party demands private sector’s loyalty as external risks rise
China’s ruling Communist Party is demanding a show of greater loyalty from the sprawling private sector as the world’s second-largest economy grapples with growing external risks, from open U.S.
-Alibaba Group opens China factory as part of new manufacturing initiative
Alibaba Group Holding Ltd on Wednesday unveiled a pilot factory in the eastern Chinese city of Hangzhou as part of its “smart manufacturing” business initiative.
REFILE-China coronavirus vaccine may be ready for public in November – official
Coronavirus vaccines being developed in China may be ready for use by the general public as early as November, an official with the Chinese Center for Disease Control and Prevention (CDC) said.
Huawei phone prices rise in China on fears of chip shortage
Chinese consumers are rushing to buy smartphones from Huawei Technologies Co Ltd (HWT.UL) featuring its high-end Kirin chips, fearing curbs on the firm’s access to U.S. technology will soon cut off …
Chinese Chipmakers Win Big as China Unicom, ICBC Award USD1.5 Billion in Server Tenders
China Unicom’s recent annual centralized tender for general-purpose servers worth CNY7.96 billion (USD1.1 billion) was split between 11 manufacturers, while Inspur Electronic Information Industry won …
European companies fear ‘arbitrary punishment’ amid China-Europe tensions – business group
European companies in China are increasingly afraid of “arbitrary punishment” amid a more politicized business environment, a European business industry group said on Thursday.
Explainer: -A peek into China’s $14.6 trln asset management industry
China is further opening up its financial markets to overseas investors, easing restrictions on foreign investments in securities, retail funds, private funds, banking and insurance fields.
