The Beizhong International Travel Agency in the eastern city of Tianjin has had only one customer since coronavirus outbreaks that began in July prompted Chinese leaders to renew city lockdowns and …
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China likely won’t bail out Evergrande directly unless there’s ‘far-reaching contagion,’ S&P says
Fears over a potential contagion from embattled developer China Evergrande Group dragged down the Hang Seng index in Hong Kong by more than 3% on Monday.
Political firestorm surrounding Milley’s phone calls with China ignored on CBS, NBC, CNN Sunday shows
Chairman of the Joint Chiefs of Staff Gen. Mark Milley has been at the center of a political firestorm regarding his actions in the final weeks of the Trump presidency, which has gotten zero attention…
Evergrande: Asia stocks down as investors weigh China concerns
Major stock exchanges in mainland China were closed on Monday and Tuesday for the annual mid-Autumn festival. Monday’s sell-off was primarily driven by concerns that Evergrande – one of China’s …
European markets set for higher open despite nerves over China; Fed meeting ahead
European stocks are expected to open higher on Tuesday, bouncing back from heightened investor nerves over a Chinese property developer.
China’s rare earth imports from Myanmar dry up after border closure
China’s imports of rare earths from neighbouring Myanmar slowed to a trickle in August, Chinese customs data showed on Monday, as the closure of a key border crossing to contain the spread of the …
China Evergrande fears grip markets as Beijing stands back, for now
The risks of China Evergrande Group defaulting on its mountain of debt loomed large over nervous markets on Tuesday, as investors looked for signs of intervention by Beijing to stem any potential …
Markets Tumble As China Faces a Lehman Brothers Moment
Chinese President Xi Jinping has unloaded more drama than is fit for an over-the-top Mexican soap opera on markets this year. But while …
Deserted factories show how China electric car boom went too far
While home-grown stars like Nio Inc. and Xpeng Inc. have gone on to sell cars in numbers that rival Tesla, scores more have fallen by the wayside.
China’s Secondhand Business Is Booming
Travels in the Billion-Dollar Trash Trade” and “Secondhand: Travels in the New Global Garage Sale.” As summer fades, China’s consumers have grown increasingly cautious. Strict Covid measures are one …
Chinese mainland reports 72 confirmed COVID-19 cases
The Chinese mainland recorded 72 confirmed COVID-19 cases on Monday, including 42 cases of local transmission of the virus, all in southeast China’s Fujian Province, the latest data from the National …
‘Lots of body bags outside Wuhan lab’: Trump’s new China Covid claim
The idea that the deadly Covid-19 pandemic originated in a Wuhan lab was once widely dismissed as little more than a fanciful conspiracy theory. But today, …
S&P does not expect Beijing to provide any direct support to embattled Evergrande
S&P Global Ratings said it does not expect Beijing to provide any direct support to embattled China Evergrande Group , amid growing investor fears the property giant could default on its debt mountain …
