Beijing is making one thing clear to the country’s embattled property developers: Pay your debts. All of them.
Tagged By finance
China Urges Hui to Tap Wealth; Talks Closer: Evergrande Update
China has urged companies to make payments on their offshore bonds, and asked China Evergrande Group’s billionaire founder Hui Ka Yan to tap his personal wealth to help solve the company’s deepening …
Milley calls China’s denied hypersonic test ‘very close’ to a ‘Sputnik moment’
Gen. Mark Milley expressed concern about reports that China has tested a nuclear-capable hypersonic missile, comparing it to the country’s own “Sputnik moment,” which propelled the Soviets ahead of …
China Plans to Cap Key Coal Price to Ease an Energy Crisis
China plans to limit the price miners sell thermal coal for as it seeks to ease a power crunch that’s prompted electricity rationing and even caused a blackout in a major city last month. Most…
China Agrees on Plan to Cap Coal Price to Ease Power Crisis
China plans to limit the price miners sell thermal coal for as it seeks to ease a power crunch that’s prompted electricity rationing and even caused a blackout in a major city last month. Most…
China says fund for poorest ‘biggest obstacle’ in climate talks
Establishing a fund to help poor countries tackle climate change will be “the biggest obstacle” during U.N. talks to try to curb global warming that begin in Glasgow on Oct. 31, a Chinese …
COP26: China’s Green Finance Agenda
China has pledged to be carbon neutral by 2060. It’s a huge ambition and will require a vast amount of domestic and international investment. Our experts examine China’s green agenda, the opening up …
China takes strong actions to achieve carbon neutrality goal
China has adopted a variety of policies, measures and actions in order to meet its targets in response to climate change, according to a white paper released Wednesday …
Four threats to China’s economy
Is the engine of the Chinese economy pushing global economic growth starting to cool down? The world seemed to be surprised when China’s National Bureau of Statistics released the third quarter growth …
Beijing says it’s time for companies to pay their overseas debts as Evergrande fears linger
Beijing is making one thing clear to the country’s embattled property developers: Pay your debts. All of them. Two major economic and finance agencies on Tuesday called on companies in “key …
China removes top financial news outlet from official media list
Amid China’s continuous crackdown on press freedom, observers worry the trend is transforming China into a society without accountability.
Beijing tells Evergrande boss to pay company’s debts with his own money: report
Chinese authorities have told Evergrande founder Xu Jiayin, once the country’s richest man, to use his personal wealth to alleviate the embattled company’s debt crisis, according to media reports. The …
Water tycoon is China’s richest as wealth crackdown batters Jack Ma
Bottled-water tycoon Zhong Shanshan has become China’s wealthiest person, according to an annual ranking released Wednesday, as a government campaign to rein in the super-rich took a big bite out of …
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