Following the release of new statistics indicating that house prices have fallen by about 10% since the year’s beginning, China announced a slew of new
Category: China
China to boost science and technology with a $70b loan.
In order to assist the nation’s scientific and technology industries, China’s central bank will launch a 500 billion yuan ($70 billion) re-lending initiative, the bank
China discovers a 100 million tonne oilfield in the South China Sea.
A new reservoir in the South China Sea with over 100 million tonnes of proven oil equivalent has been found, according to a statement released
China will grant visitors from six countries entry without a visa.
Foreign Minister Wang Yi announced on Thursday that as of March 14, citizens of Switzerland, Ireland, Hungary, Austria, Belgium, and Luxembourg would be able to
China Evergrande was forced into liquidation with over $300b in liabilities, compounding the housing crisis.
China Evergrande, the most indebted real estate developer in the world, was forced into liquidation by a Hong Kong court after an unsuccessful attempt to
Nissan will leverage local resources to sell China-made EVs to global markets.
Nissan Motor announced on Sunday that it will market electric cars (EVs) made in China throughout the world. The company recently signed an agreement with
China aims to attract investors and boost stock market operations by reducing trading costs for mutual funds.
The latest change to the $3.8 trillion mutual fund industry comes from China’s securities regulator, which has released draft guidelines aimed at reducing trading costs
China’s sluggish economy compels Beijing to grant visa-free entry to five European nations and Malaysia.
China stated on Friday that, in an effort to attract more visitors for business and tourism, it will grant visa-free entrance to citizens of five
China wants Ping An to acquire a 52% stake in Country Garden in a bid to rescue the property sector.
Ping An Insurance Group has been approached by Chinese authorities, to acquire a majority share in the troubled Country Garden, which is the largest private
UK’s Standard Chartered Bank lost $1b to China’s real estate and banking crises.
StanChart’s stock dropped 12% in London on Thursday before trading was momentarily suspended. The company had earlier disclosed that its profit had unexpectedly dropped by
Load More
