China

EVERGRANDE

China’s Evergrande Facing Liquidation as It Grapples With $300 Billion Debt

Hong Kong court ordered real estate giant China Evergrande Group to liquidate, a sign that might shake China's financial markets.


China Is Lowering Reserve Requirements for Banks to Bolster Slowing Economy

China will reduce its banks' liquidity reserves at the start of next month to boost its struggling economy.

China's Economy Suffers New Blow as Exports Drop for First Time Since 2016

China experienced a significant drop in its export sector last year, the first annual decline since 2016.

China Eases Visa Requirements to Boost Tourism Amid Economic Slowdown

China has unveiled its plan to boost tourism by relaxing visa requirements. China has unveiled its plan to boost tourism by relaxing visa requirements to make it easier for foreigners to travel to the country for business, education, and tours.


Latest News

2 Cities in China Halt Heavy Industries to Combat Pollution
Two cities in northwestern China have implemented preventive measures to address an anticipated heavy pollution surge in the coming days.
China's Latest Crackdown on Video Games Triggers an $80 Billion Market Meltdown
China's announcement of draft rules aimed at curbing spending in online games and restricting incentives that encourage prolonged online engagement resulted in an $80 billion market selloff.
US-CHINA-DIPLOMACY-APEC-SUMMIT
A newly declassified US intelligence report revealed that China escalated its interference efforts in the 2022 US midterm elections because Beijing believed that President Joe Biden's administration would not retaliate.
China's Mixed Economic Data: Industrial Expansion at Fastest Pace Since 2022; Retail Sales Growth Misses Expectations
China has reportedly recorded its fastest industrial expansion since February 2022 in November. China has reportedly recorded its fastest industrial expansion since February 2022 in November, which signals a complex recovery in the world's second-largest economy.
US, China Risk a 'New Cold War' as Economic and Trade Conflicts Escalate, IMF Official Warns
The US and China risk a "new Cold War" as economic and trade conflicts escalate, according to an IMF official.
US to Prevent China From Supplying Battery Materials for EVs Set to Receive Billions in Tax Credits
The United States (US) has issued long-awaited guidance that will limit China's role in electric vehicles (EVs).
JPMorgan Chase Ready to Leave China if Ordered by US Government, Bank CEO Jamie Dimon Says
JPMorgan Chase CEO Jamie Dimon said Wednesday that the bank would leave China if directed by the US government.
Shein Files for US IPO as Chinese-Founded Fashion Giant Seeks to Expand Global Reach
Chinese-founded fast-fashion giant Shein has confidentially filed for an initial public offering (IPO) in the United States (US).
Alibaba Co-Founder Jack Ma, the Chinese Tech's Poster Boy, Moves Into Food Business
Alibaba co-founder Jack Ma, a longstanding figure in China's technology sector, is diversifying his business ventures into the food industry with the establishment of a new company, "Hangzhou Ma's Kitchen Food."
CHINA-TECHNOLOGY-AI-CONFERENCE
Amid the escalating trade tensions between the United States and China, the impact of the US chip export ban is reportedly taking a toll on Chinese artificial intelligence (AI) startups.
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