The troubled developer cancelled a $19 billion debt restructuring. Investors in its bonds say the move could ripple through the entire sector.
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Hands off China! The country has become a hot potato for investors. Are they right to be afraid?
The Chinese stock market has not kept up with Western stock exchanges. Government measures have not yet been able to win back investor confidence. What should investors do?
Samsung and SK Hynix Get Indefinite Waiver to Import U.S. Tools to Chinese Fabs
Memory makers Samsung Electronics and SK Hynix have secured a continuous green light from the U.S. government to equip their Chinese plants with U.S. chipmaking equipment without …
China Plans 50% Surge in Computing Power by 2025 to Lead AI Race
China has revealed its ambitious plans to significantly expand its computing power by over 50% within the next two years. This initiative aligns with China’s aspirations to dominate the global …
China’s Economic Slowdown Is Hurting Luxury Stocks
The Chinese market was expected to compensate for weakening demand elsewhere, particularly given the massive luxury market in China, according to JPMorgan. Given weaker-than-expected economic …
U.S., China Both Try to Gain Upper Hand Ahead of Biden-Xi Summit
Washington is expected to roll out updated tech controls, while Xi Jinping is expected to mark closeness with Vietnam on the heels of Biden visit there.
Crypto Market Insights: Bank Of International Settlements Work With Asian Central Banks Through Projects Mariana And Mandala
BIS announced Projects Mariana and Mandala with Asian central banks. UBS launched its tokenized VCC fund in Singapore. HKEX builds smart contract settlement platform.
(LEAD) U.S. eases export controls on chip equipment for Samsung, SK factories in China
The United States has decided to allow exports of its semiconductor manufacturing equipment to Samsung Electronics and SK hynix factories in China without a separate approval process, the presidential …
China plans to boost computing power amid AI race to help local firms
China intends to step up efforts to build its computing power by more than a third in less than three years, aimed at benefiting local suppliers and strenthen technology self-reliance as U.S.
China’s Seafood Imports From Japan Plunge 66% in August Amid Import Ban
(Yicai) Oct. 9 — China’s imports of Japanese aquatic products tumbled nearly 66 percent in August, after China suspended them in the wake of Japan discharging nuclear-contaminated wastewater from the …
You won’t be able to see a single panda in America. China’s retaliatory measures against the United States.S
As three pandas in Washington, D.C.’s National Zoo are set to be returned to China in December, there will be no pandas, symbols of “US-China friendship,” left in the US by the end of next…
Mainland China could delay complex trade probe to eve of Taiwan election
An investigation by mainland officials into Taiwan’s trade practices could conclude right before a pivotal election – a decision that stands to further fray already strained relations.
China’s Rich Entrust Total Strangers to Sneak Cash Out of the Country
Imagine trusting your life savings to a group of strangers you know only via WhatsApp. Some affluent Chinese people are willing to make that gamble to get part of their wealth out of the mainland.