China is trying to cool its costly and dangerously debt-ridden housing market, where high prices and go-go levels of borrowing and spending are increasingly seen as a national threat.
Tagged By beijing
China’s property sector stalked by Evergrande default fears as developer misses third deadline
A wave of developers face payment deadlines before the end of the year and with Evergrande’s fate looking increasingly bleak, fears mount of a wider crisis.
These 4 Chinese real estate developers are already in trouble
By Anneken Tappe, CNN Business China’s real estate crisis isn’t showing any sign of letting up. Embattled conglomerate Evergrande rattled global markets in September by warning it could default on its …
China Developers See More Debt-Rating Cuts: Evergrande Update
Chinese property developers are suffering credit rating downgrades at the fastest pace in five years as a recent slump in new-home sales adds to concerns about the sector’s debt woes. Most Read from …
Import-export fair’s COVID rules reiterated
Officials promised a safe and successful China Import and Export Fair in Guangzhou, starting later this week. [Photos by Zheng Erqi/chinadaily.com.cn] People who once lived or visited areas where …
China Takes Action Regarding Its Power Shortages
China’s Vice Premier Han Zeng ordered the country’s top state-owned energy companies to secure supplies for this winter …
Covid-19 Gives China And Russia A Strategic Advantage, Says U.S. Army
Covid-19 could give China and Russia a strategic edge over the U.S., according to a U.S. Army study. The reason? Authoritarian nations can devote resources to weapons rather than pandemic relief. “It …
China is promoting a boatload of misinformation about Maine lobster
Chinese media outlets have now suggested that a 2019 shipment of Maine lobster was a “Pandora’s box” that ushered in the global pandemic. This isn’t the only fishy deflect …
Beijing moves to protect wild animal habitats
Beijing will establish 600 biodiversity conservation communities by 2035 to restore the habitats of wild animals and further protect regional biodiversity, according to the city’s gardening and …
China Pushes Back on Taiwan’s Campaign for United Nations Return
China’s Foreign Ministry spokesperson Zhao Lijian on Tuesday said Taiwan was “not qualified” to join the UN as a Chinese province.
Stephen Moore: Biden thinks climate change is a bigger threat than China. He’ll be sorry
With each passing week, it looks like World War III — between America and China — is coming sooner than we think.
Can Western Luxury Brands Survive the New China?
Some global players smoothly managed China’s policy shifts while others couldn’t adjust. But did the trade war and rising labor costs also play roles?
China ‘overly optimistic’ on relations with US, Beijing adviser says
There may be signs of a thaw but tensions won’t significantly ease in the foreseeable future, according to international relations expert Shi Yinhong.
