Property developer China Evergrande Group has been ordered to liquidate after it failed to reach a restructuring deal with creditors.
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China’s Deflation Pressures Seen Persisting Through Mid-2024
(Bloomberg) — China’s deflation pressures are likely to continue for … Fuel Angst Over Wealth Gap Reddit Advised to Target at Least $5 Billion Valuation in IPO A measure of economy-wide prices …
Explainer: What happens next after China Evergrande ordered to liquidate?
Listing rules require a company to demonstrate a business structure with sufficient operations and … the liquidator could take control of Evergrande’s subsidiaries across mainland China by replacing …
Beverage brands rapidly expand overseas presence
According to the report by CIC, by 2028, the global market scale of freshly made beverages is estimated to surpass $1.1 trillion, and the rapid expansion of emerging markets, particularly China and …
‘Global status far off for China’s carmakers’
Xu Haidong, deputy chief engineer of the China Association of Automobile Manufacturers, said: “The fast growth of the new energy vehicle sector and the rise of local Chinese marques are helping boost …
South Korea’s share in China’s imports hits 30-year low
South Korea’s share in China’s import market fell to 6% last year, reaching the lowest level in three decades since 1993, when the share was 5.2%. Given that 1993 was one year after Korea and…
China faces economic crisis amid unemployment figures – and it won’t get get any better
Follow Daily Express US on Facebook and Twitter @ExpressUSNews China recently announced that it achieved its … and reduced global demand for exports cast a shadow over the country’s economic …
China’s rose-tinted growth is scrutinised through jaundiced eyes as foreign interests remain weak and wary
The producer of industrial robots for carmakers and building materials also had no plans to expand in China this year, citing chills in some business segments. “We feel 2024 may become tough since …
Boeing 737 Max arrives in China to mark end of import ban
Boeing (NYSE:BA) on Saturday delivered the first 737 Max 8 to a Chinese airline in about five years, a sign that a key aviation market is reopening to the U.S. aviation giant. China Southern …
Are China’s Oil, Coal, and Iron Ore Imports a Sign of Strength or Concern?
China’s crude oil imports increased for strategic reserves, not necessarily due to robust demand. The rise in coal imports was driven by a need for more electricity generation and lower international …
Week In Review: Arrivent BioPharma Raises $175M In IPO For In-Licensings From China
ArriVent BioPharma priced its upsized NASDAQ IPO at $18 per share, raising $175M. Click here for more on biotech deals, financing, trials and approvals.
Luxury brands embrace the Year of the Dragon, betting on China’s huge consumption potential
As China prepares to celebrate the upcoming Chinese New Year – Year of the Dragon according to Chinese zodiac – in February 2024, global luxury brands in various industries including handbags, …
China’s huge demand sees Cambodia’s renowned longan exports surge before Lunar New Year
A Chinese firm based in Pailin province is exporting over 100 tonnes of Pailin longan per day to China in the lead-up to the Lunar New Year holiday, or Spring Festival, according to an agriculture…
