Regulators want to fix the property sector’s bad habit of borrowing too much. Evergrande, with its billions of dollars in debt, may stand in the way.
Tagged By banking
China court upholds Canadian man’s death sentence
A Chinese court upheld on Tuesday a Canadian man’s death sentence for drug smuggling a day before another court is due to rule on the case of another Canadian accused of spying.
China Regulatory Crackdown Cuts Beyond Politics
Legitimate economic and regulatory considerations are at play in China’s regulatory crackdown on internet-orient …
China’s Central Bank Outlook Fuels Calls for Policy Easing
China’s central bank fanned expectations of further monetary policy easing, saying in its latest quarterly report that inflation pressures are “controllable,” while highlighting risks to the economic …
China Is Redrawing the World’s Energy Map
China’s outsize energy needs and its reliance on overseas suppliers have underpinned its foreign policy for decades. Now those needs are changing. The planet’s largest oil and coal importer wants to …
Hong Kong leader says city set to adopt China’s anti-sanctions law
China’s anti-sanctions law will be implemented in some form in Hong Kong, the city’s leader confirmed Tuesday, a move that will add fresh regulatory pressure on international companies in the finance …
It’s unforgivable to hold the Olympics in Beijing
It was a forgivable mistake to award an Olympics to Beijing in 2008. It’s unforgivable to hold one there now. If you want a world pocked by concentration camps, in which Xi Jinping surveils your…
China’s central bank to keep monetary policy stable
China’s central bank on Monday said it will maintain the stability of monetary policy and make it more forward-looking and effective, to render strong support to the real economy while avoiding a …
China’s economic risks build in second half
China’s economic risks are building in the second half of the year, with growth set to slow while inflation pressures are picking up, clouding the outlook for central bank support.
China has used the 21st century’s three defining crises to steal a move on its rivals
China is suing for a return to detente despite its fist-tightening. But “cooperation while respecting differences” with China is a bear hug over rivals abroad. China constantly worms away at global …
China’s richest tech titans have seen $87 billion of personal wealth wiped out since the start of July amid government crackdown
Alibaba founder Jack Ma has been spared some of the worst losses recently, but that is in part because his fortune was crimped by an earlier crackdown.
OOOK Wins “2021 Best Product Technology and Innovation” Award at 10th Annual China Finance Summit
Separately, Ambow was named “2021 The Most Influential Brand (Industry)” at the event, marking the third consecutive year that the Company has been included in the list. The China Finance Summit, …
China’s central bank to keep monetary policy flexible, appropriate
China’s central bank said on Monday it would keep monetary policy flexible and appropriate to maintain stability as the pandemic persists and domestic economic recovery is uneven. In its …