China’s zero-Covid stance could worsen the debt situation for the country’s companies, some of which are already in financial distress, says S&P Global Ratings.
Tagged By beijing
Cases in China; Vietnam to Reopen Tourist Island: Virus Update
China’s Fujian province reported another 22 cases of Covid-19, less than a month after the country quelled its most widespread resurgence of the coronavirus since the initial Wuhan outbreak.
Soho China Plunges After Blackstone Scraps $3 Billion Offer
Soho China Ltd. shares are plummeting after Blackstone Group Inc. decided not to proceed with its takeover offer. Bloomberg’s Lulu Chen reports on “Bloomberg Markets: China Open.” …
Chinese mainland reports 22 new locally transmitted COVID-19 cases
A health worker collects swab sample from a resident for COVID-19 test in Xianyou County, Putian City, east China’s Fujian Province, Sept. 12, 2021. (Xinhua/Wei Peiquan) BEIJING, Sept. 13 (Xinhua) — …
Fears one of China’s biggest property groups could collapse
Fears are mounting that one of China’s biggest property development groups, Evergrande, is close to collapse. Sara Hsu, an economist and visiting scholar at China’s Fudan University gives us her …
Beijing to break up Ant’s Alipay and force separate loans app
Chinese regulators have already ordered Ant to separate the back end of its two lending businesses. Now officials want the two businesses to be split into an independent app as well.
RCEP to boost China-ASEAN ties, economic recovery
The world’s largest free-trade deal, the Regional Comprehensive Economic Partnership (RCEP), will further boost China-ASEAN cooperation and facilitate the region’s economic recovery from the COVID-19 …
Southeastern China Reports New COVID-19 Outbreak, Authorities Invoke Strict Measures
At least 19 fresh cases of COVID-19 were detected in the last 24 hours in China’s Shanghai province, of which one was reported in the Quanzhou area …
China reports 49 new coronavirus cases for Sept 12 vs 46 day ago
China reported on Monday 49 new confirmed coronavirus cases in the mainland for Sept. 12, compared with 46 a day earlier, according to the National Health Commission.
China’s National Games pose key test for Covid-19 controls ahead of Beijing 2022 Winter Olympics
The event which begins in Xian on Wednesday will see tens of thousands of spectators attending – a stark contrast with the empty stands during the Tokyo Games.
Hanoi, Beijing will shore up marine stability
Behind these positive gestures are Beijing and Hanoi’s mutual trust and willingness to control maritime differences despite Washington’s recent attempts to use the topic to alienate them, experts said …
China will be ‘very careful’ dealing with the Taliban government, former U.S. ambassador says
China is worried about potential terror attacks within its borders or on Chinese targets in the region, carried out from Afghan soil, said Max Baucus.
China plans to break up Ant’s Alipay and force creation of separate loans app – FT
Beijing wants to break up Alipay, the hugely popular payments app owned by Jack Ma’s Ant Group, and create a separate app for the company’s highly profitable loans business, the Financial Times …
