Creditors owed around $150 billion by defaulted Chinese developers always stood to get just pennies back, but many are finding that even after a debt plan is agreed it’s not necessarily a done deal.
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China on the verge of migration shifts, as cities adapt to changing housing market
From economic growth engine to risk, China is recalibrating its relationship with the property sector as it keeps its economic growth target at around 5 per cent.
China executed four Canadians for drug crimes, says Ottawa
Four Canadians were executed in China on drug-related charges earlier this year, Canadian authorities have confirmed. All of them were dual citizens, and their identities have been withheld upon the …
Global banks raise China’s growth forecast, ease bearish yuan views
Global investment banks have raised their projections for China’s economic growth and eased bearish views on the Chinese currency, spurred by early signs of economic recovery, though concerns over …
Property developer Sunac China warns of wider loss for 2024
Property developer Sunac China said on Monday it expects to report a wider loss for the year ended December 2024.
Proposed US port fees on China-built ships begin choking coal, agriculture exports
By Lisa Baertlein, Karl Plume and Timothy Gardner LOS ANGELES/CARLSBAD, California (Reuters) – President Donald Trump’s plan to revive U.S. shipbuilding using massive fees on China-linked ship visits …
US-China Trade War Escalates: Retaliatory Tariffs On Agriculture, Energy And Machinery Threaten Global Economy
Starting with steel and aluminium, the Trump administration has imposed tariffs on Chinese exports to the US. China has responded with a variety of countermeasures. China has imposed matching tariffs …
Crypto Transactions Link Chinese Fentanyl Suppliers to Mexican Cartels: Chainalysis
On-chain evidence has tied Chinese labs to Mexican drug distributors, along with the seizure of roughly $5.5 million in crypto.
China’s central bank follows U.S. Fed in keeping rates steady as tariff threats pressure yuan
Chinese top officials have pledged to ramp up monetary easing measures, including interest rate cuts “at appropriate times.” …
China holds benchmark lending rates steady as expected
China held benchmark lending rates steady for the fifth straight month in March on Thursday, matching market expectations.
What to know about Elon Musk and China with Tesla’s massive ‘Gigafactory’ in Shanghai
Billionaire tech executive Elon Musk’s relationship with party leaders in China is in the spotlight as the trade war ramps up. NBC News’ Janis Mackey Frayer reports on what this means for his …
Queens Businessman Sentenced to Prison for Acting as Agent of China
An Quanzhong, who will spend 13 months behind bars, harassed a resident whom China’s government wanted back home. His conviction was one of several that prosecutors have won against operatives in New …
China executed four Canadians in recent months
Foreign Minister Mélanie Joly said she and former Prime Minister Justin Trudeau asked for clemency in the drug-related accusations involving the dual citizens.
