A crisis at a property company exposes deep, dangerous, and often unrecognized weaknesses in the Chinese economy.
Tagged By beijing
China rust-belt province warns of more power shortages in energy crisis
China’s largest provincial economy in its northeast rust belt warned of worsening power shortages on Monday, despite government efforts to boost coal supply and manage electricity use in a …
Morgan Stanley Upgrades China Property on Likely Policy Easing
Morgan Stanley has upgraded its view on China’s property sector to “attractive” from “in-line” as it sees growing likelihood of easing measures, with default risks and housing market weakness largely …
Fundraising by China property trust products decline amid Evergrande woes
Newly-launched real estate trust products raised 16.2 billion yuan from investors in September, down 44.8% from the previous month.
Syngenta’s China IPO suspended by exchange for missing financial info
The planned US$10 billion initial public offering of Swiss agrochemicals giant Syngenta Group in China has been suspended by the Shanghai stock exchange, it said in a filing, after the company failed …
China Has No Business To Occupy Land That Rightfully Belongs To India: Maj Gen GD Bakshi
A nine-hour meeting led by 14 Corps commander Lt-General P G K Menon and the South Xinjiang Military District did not resolve the issue of status quo of Ladakh …
Australia need to make COVID-19 lockdowns “a thing of the past” amid fighting 3rd wave: Treasurer
Australian Treasurer Josh Frydenberg has declared that there will be no turning back to COVID-19 lockdowns as restrictions ease across the east coast amid the country’s battle against the third wave …
China reports 25 new coronavirus cases for Oct 10 vs 24 a day earlier
China reported 25 new coronavirus cases for Oct. 10, compared with 24 a day earlier, the health authority said on Monday. All of the new infections were imported cases, according to a statement by the…
Lam: Northern Metropolis to Help Find Synergies With Shenzhen
Hong Kong Chief Executive Carrie Lam discusses Hong Kong’s housing crisis and the building of the “Northern Metropolis” on the border with Shenzhen. She speaks exclusively to Haslinda Amin on …
Beijing finds coronavirus in imported pork, fruits
Beijing has reported a weak-positive coronavirus testing result in mixed samples of imported pork and fruits at a store in the city’s Xicheng district, local health authorities said on Sunday.
India, China army talks to defuse border tensions fail
Talks between Indian and Chinese army commanders to disengage troops from key friction areas along their border have ended in a stalemate and failed to ease a 17-month standoff that has sometimes led …
McDonald’s China Gives Away Over 150 NFTs on Anniversary
American fast food chain McDonald’s marked its 31st anniversary in China by gifting 188 non-fungible tokens (NFTs) to employees and customers. Learn how smart money is playing the crypto game.
Lenovo withdraws IPO application
Lenovo Group Ltd said it decided to withdraw its application for an initial public offering on the Shanghai Stock Exchange’s Science and Technology Innovation Board, due to a reconsideration of its …
