STORY: Deutsche Bank is preparing a liquidation lawsuit in Hong Kong against Chinese developer Shimao Group.That was confirmed to Reuters by two sources. This rare move by a foreign firm comes amid …
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Exclusive-Deutsche Bank to file liquidation suit against Chinese developer Shimao, sources say
Deutsche Bank is preparing a liquidation lawsuit in Hong Kong against Chinese developer Shimao Group, two sources said, in a rare move by a foreign firm that comes amid rising credit defaults and …
Tuvalu’s new premier says democracy and loyalty are reasons for preferring Taiwan over Beijing
The new prime minister in the Pacific island nation of Tuvalu says his country shares democratic values with Taiwan, and that Taiwanese leaders have “been loyal to us.” …
‘Two sessions’ 2024: Chinese lawmaker urges Beijing to safeguard tech production chain to give nation a quantum edge
Guo Guoping, an NPC deputy, quantum physicist and founder of Origin Quantum, says there is a decoupling between research and application in China.
Beijing Review: Green Is Gold
BEIJING, March 1, 2024 /PRNewswire/ — On April 30, 2021, during the 29th group study session of the Political Bureau of the 19th Communist Party of China Central Committee, President Xi Jinping …
Short positions in China stocks shrink after regulatory crackdown
Short positions in China’s stock market shrank by a third in February to their lowest in more than three years, reflecting measures by regulators to curb speculation and boost investor confidence.
Deutsche Bank to file liquidation suit against Chinese developer Shimao, Reuters reports
Deutsche Bank is preparing a liquidation lawsuit in Hong Kong against Chinese developer Shimao Group, two sources said, in a rare move by a foreign firm that comes amid rising credit defaults and …
China’s Coming ‘Two Sessions’ Put Plans to Jumpstart Economy in the Spotlight
China’s “Two Sessions” policy meetings kick off next … incentives to upgrade large-scale equipment as well as moves to attract foreign investment and reform the financial sector and capital markets, …
China’s parliament to unveil more stimulus next week, bold reforms unlikely
China’s parliament is expected to unveil moderate stimulus plans to stabilise growth at an annual meeting beginning on Tuesday, but may disappoint those calling for a detailed roadmap of bold policies …
Is China Doing What the World Bank, IMF and US are Doing?
The IMF and China have not been alone in doing this, but they have had the most impact due to their financial weight. This has provided short-term solutions for creditors, who until now have avoided…
China Banks Approve $28 Billion Loans for Ailing Property Market
China’s housing ministry said more than 200 billion yuan ($28 billion) of bank loans have been approved for property projects, the latest indication that lenders are heeding the government’s push to …
How China can rescue itself and restore confidence, according to a UBS economist
“Its success will depend on timely action, policy co-ordination and political will,” UBS’ chief China economist Tao Wang wrote for Financial Times.
What’s Wrong With China’s Economy, in Eight Charts
China’s economy is at a turning point. An old economic model underpinned by heavy investment in infrastructure and real estate is crumbling. Growth is slowing and prices are falling, raising the …
