DNYUZ.com: A model Chinese property developer in a sector replete with risk takers is teetering on the edge of default. Short of cash, one of China’s biggest asset managers has missed payments to investors. And […]
BusinessInsider.com: China has been the factory of the world for the past four decades. The pandemic triggered a reckoning of this status. China’s rise as the world’s factory spanned four decades and ushered in an […]
Finance.Yahoo.com: New home prices in China slid 0.8% in September. It was the country’s first real estate decline in six years, triggered largely by the Evergrande fiasco. Residential sales, meanwhile, tumbled 17%. Given China’s massive […]
Texasnewstoday.com: Still, the speed and intent of this response to protect workers in the absence of an effective national-level US response is commendable, but these Chinese companies have also been detained in the form of […]
BBC.com: Global stock markets have been on high alert as crisis-hit Chinese giant Evergrande faces a key test this week. The world’s most indebted real estate developer is due to make interest payments of $84m […]
Bloomberg.com: Soaring property prices are forcing people all over the world to abandon all hope of owning a home. The fallout is shaking governments of all political persuasions. It’s a phenomenon given wings by the pandemic. […]
Barrons.com: Wall Street was headed for an uninspired open Thursday after reversing days of losses Wednesday, as investors look ahead to economic data. Futures for the Dow Jones Industrial Average pointed down less than 10 points, after […]
Wsj.com: The cryptocurrency industry is getting so big and enabling so much risk-taking that governments around the globe are taking notice. Bitcoin traded above $50,000 Monday; its total value now exceeds $900 billion, more than all […]
Reuters.com: BEIJING, Aug 16 (Reuters) – China’s factory output and retail sales growth slowed sharply and missed expectations in July, as new COVID-19 outbreaks and floods disrupted business operations, adding to signs the economic recovery […]
CNBC: A bad week or two won’t unravel longer-term uptrends. That’s how two market analysts are approaching the recent collapse in Chinese technology plays, under pressure from forced liquidations at multibillion-dollar investment firm Archegos Capital […]
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