After Evergrande sold its stake in the Vertex, a residential development in Hong Kong, homebuyers suddenly discovered they were at risk of losing their deposits because Evergrande’s financing un...
Tag: China
U.S., China Leaders May Be On Track To Meet In November – China Think-Tank Chief
U.S. President Joe Biden listens while meeting virtually with Xi Jinping, China’s president, in the … [+] Roosevelt Room of the White House in Washington, D.C., U.S., on Monday, Nov. 15, 2...
Why The U.S. Can’t Curb The World’s Carbon Dioxide Emissions
HEBEI, CHINA – NOVEMBER 19: Smoke billows from smokestacks and a coal fired generator at a steel … [+] factory on November 19, 2015 in the industrial province of Hebei, China. China’...
What US Journalists Need To Know About The The Foreign Hackers Targeting Them
Photo illustration of a computer hacker. getty In the days just before the January 6 attack at the US Capitol Building in 2021, a flurry of emails with seemingly anodyne subject lines started landing ...
China Is Pariah for Global Investors as Xi’s Policies Backfire
(Bloomberg) — After drawing foreign capital into China’s markets for years, President Xi Jinping is now facing the risk of a nasty period of financial de-globalization. Investors point to one ma...
China Mortgage Boycott Data Erased by Censors as Crisis Spreads
(Bloomberg) — China is censoring crowd-sourced documents tallying the number of mortgage boycotts spreading across the country, potentially hampering a key source of data for global investors an...
China’s Domestic Tourism Shrinks Amid Covid Lockdowns
The Great Wall of China has long been a popular tourist attraction in the country. (AP Photo/Ng Han … [+] Guan) Copyright 2020 The Associated Press. All rights reserved. A global focus of China’...
New Lockdowns Pushed Burberry Sales Down By 35% In China
Tottenham Hotspur’s Son Heung-min—Burberry’s latest brand ambassador—celebrates a goal against Team … [+] K League earlier this week in Seoul. (Photo by Jung Yeon-je / AFP) (Photo by...
Maverick’ Tops $1.2 Billion Worldwide
Tom Cruise plays Capt. Pete “Maverick” Mitchell in Top Gun: Maverick from Paramount Pictures, Skydance and Jerry Bruckheimer Films. Paramount Pictures Paramount and Skydance’s Top Gun: Mav...
Where Central Banks Have Issued Digital Currencies [Infographic]
Cryptocurrencies have seen better days. The Russian invasion of Ukraine has shattered the belief in BitcoinBTC as a safe-haven asset, and the digital currency hit a price of around $18,000 per Bitcoin...
Hong Kong Short Sellers Press Their Bets, Week In Review
China Last Night KraneShares Week in Review It has been a difficult week for markets globally as the US and Asia saw sharp equity declines on recession fears in the US and a higher-than-expected infla...
Mortgage Default Movement Sparks in China – Trustnodes
A movement has began in China to default on mortgage payments on pre-bought properties that remain unfinished by property developers. The “stop mortgage repayment” movement has spread to 274 projects ...
On U.S.-China Trade War, Biden Should Declare Victory, End Tariffs
China remains the top importer into the United States, particularly in manufactured high-tech goods, … [+] but its market share of U.S. imports is shrinking. ustradenumbers.com The percentage of...
Aviation leaders to gather for major trade event
Britain’s Farnborough International Airshow will showcase the most advanced aircraft across commercial and military aviation design. Bloomberg | Bloomberg | Getty Images LONDON — Britain’s...
China’s Second-Quarter GDP Growth Plunges To Less Than 1% On Covid Hit
Health workers in protective gear walk out from a cordoned area after spraying disinfectant in Shanghai’s Huangpu district on January 27, 2021. STR/AFP via Getty Images China’s economic growth s...
China Property Crisis Is Spiraling With Homebuyers’ Boycott
(Bloomberg) — Former UBS Group AG economist Jonathan Anderson once called it “the most important sector in the universe.” Most Read from Bloomberg More than a decade on, Chinese property is agai...
Fresh Scrutiny of Alibaba Sends China Tech Stocks Into Tailspin
(Bloomberg) — Investors in China’s tech shares just got another reminder that regulatory scrutiny into the sector is unlikely to go away anytime soon despite a concerted effort by authorities to...
China Reports 264 Million Digital Yuan Transactions so Far This Year
China’s digital yuan transactions amounted to 83 billion yuan (about $12.33 billion) by the end of last month as the country forges ahead with plans for the adoption of a digital currency. The total n...
Alibaba Leads US-listed China Stocks Lower on Probe Report
(Bloomberg) — US-listed China stocks tumbled on Thursday, leaving them poised for their steepest weekly losses since May, as a report that Alibaba Group Holding Ltd. faces an inquiry in China in...
Growth Stocks Rule The Day As Value Sectors Underperform
China Last Night KraneShares Key News Asian equity markets were mixed overnight, as growth stocks outperformed in the region. The growth stock and growth sector outperformance occurred in Hong Kong an...
China Approves New Game Titles, Sending Gaming Stocks Soaring
Bilibili Inc saw two of its gaming titles approved alongside this current batch, sending the gaming stock soaring 3.52% to HKD194.00. Gaming stocks in China are seeing a good day as they have been on...
Alibaba And Tencent Fined In China Tech Crackdown
Getty Images Key takeaways Stocks in China plunged Monday as the country’s anti-monopoly authority announced multiple fines for failure to report past merger activities Alibaba and Tencent (a Chinese ...
Despite Their Thirst For Oil, China And India Will Never Depend On Russia
China’s President Xi Jinping (L) and his Russian counterpart Vladimir Putin (R) attend the opening … [+] ceremony of “The Year of Chinese Tourism in Russia” in Moscow, on March...
Solar Stocks Shine As New Video Game Approval Lifts Hong Kong Internet Stocks
China Last Night KraneShares Key News Asian equities were mixed as Taiwan had a strong day, the Philippines underperformed, and Thailand had a market holiday for Asarnha Bucha Day, which according to ...
Chinese companies look to U.S. and Asia as growth slows at home
BEIJING — Some Chinese consumer brands are looking for growth overseas, in markets like the U.S. and Southeast Asia. Take Miniso, a Guangdong-based seller of toys and household products. Sometimes cal...
China Lockdowns, Inflation Fuel 15% Drop In Global PC Shipments
Healthcare workers in protective gear give residents their Covid-19 tests in Shanghai on Sunday. … [+] Shanghai’s Covid-19 cases continued to rise, prompting authorities to declare more high-ris...
Amiri Opens First International Store In Shanghai
The exterior of the new Amiri store in Shanghai. Photos by Kris Tamburello Courtesy of AMIRI Mike Amiri is bringing his California-cool brand of sportswear to China. As the brand’s debut interna...