Country Garden, China’s top property developer, and smaller real estate firms are weighing bigger discounts on homes after Evergrande announced its steepest ever discount, analysts and a source said. ( read original story …)
Tagged By beijing
DCG’s Foundry to finance Bitmain customers in North America
China’s crypto mining giant Bitmain has entered a new partnership to streamline its operations in North America. As Bitmain officially announced on Sept. 10, the company has officially partnered with … ( read original story…
Yum China Lists on Main Board of HKEX
China’s largest restaurant company in terms of 2019 system sales, has officially listed on the Main Board of The Stock Exchange of Hong Kong Limited today. ( read original story …)
U.S. firms in China increasingly fear bilateral tensions will last for years: survey
U.S. companies in China are increasingly fretful that trade tensions between the world’s two biggest economies will drag out over years and nearly a third said their ability to retain staff had been … (…
China auto sales up 6% in August, down 15.4% year-to-date
China’s car sales rose 6% in August over a year earlier as the industry’s biggest market recovered from the coronavirus pandemic, but purchases for the year to date were off more than 15%, an industry…
Beyond Meat CEO Says COVID-19 No Obstacle As It Expands In China
CEO Ethan Brown said Wednesday that the company’s push into international markets such as China hasn’t been dampened by the COVID-19 pandemic.What Happened: “When you see an obstacle like Covid, you … ( read original…
Yum China shares tumble more than 5% as it debuts in Hong Kong
Yum China, which operates fast food restaurants KFC, Taco Bell and Pizza Hut in China, raised $2.22 billion by selling 41.9 million shares at 412 Hong Kong dollars ($53.16) apiece. ( read original story …)
China, U.S. Trade Attacks After Paper Refuses to Carry Envoy’s Op-Ed
China and the United States traded attacks about who best understands press freedom as Secretary of State Mike Pompeo criticised the official newspaper of China’s ruling Communist Party for refusing … ( read original story…
China Blames Twitter Hack After Ambassador ‘Liked’ Foot Fetish Porn Tweet
China elements” were involved in diplomat Liu Xiaoming ‘liking’ several offending tweets, one of which included pornographic content. ( read original story …)
China says ambassador hacked in ‘like’ of pornographic tweet
China’s embassy in Britain is demanding that Twitter investigate after its ambassador’s official account liked a pornographic tweet … ( read original story …)
AP Explains: What’s Driving India-China Military Standoff
India and China are accusing each other of violating agreements along their disputed mountain border, even as they engage in talks to end increasing military tensions. ( read original story …)
Pandemic Tech Spending in China Lifts Alibaba’s Cloud
Spending on China-based cloud services hit a record high in the second quarter as Chinese companies increased the use of online business tools in the aftermath of the coronavirus pandemic. ( read original story …)
India and China meet to defuse Himalayan border tensions
The foreign ministers of China and India are due to meet on Thursday in a bid to defuse the military stand-off along their disputed Himalayan border. S. Jaishanakar, India’s foreign minister, will … ( read…