Source link. PHOTO GALLERY (CLICK TO ENLARGE). Chinese property company Kaisa suspended share trading in Hong Kong on Wednesday, with questions swirling over its ability to make payments and contagion dispersing within the countrys debt-ridden genuine estate sector.The Chinese federal government triggered a crisis within the residential or commercial property industry when it launched a
Some said they were scared to be important, while @qimoshanrenruyushenglizhe commented: “Dont be scared. I am publishing too. If everybody stays quiet, then this country is finished.” ,” the individual said. Social media users have actually been scolding China state-owned media, which is tightly controlled by the judgment Chinese Communist Party (CCP), over their failure
HONG KONG/SHANGHAI– Some overseas shareholders of China Evergrande Group did not get voucher payments by the end of a 30-day grace duration, five people with understanding of the matter said, pressing the cash-strapped home developer closer to official default.Adding to a liquidity crisis in Chinas when bubbling property market, smaller peer Kaisa Group Holdings was
PICTURE GALLERY (CLICK TO ENLARGE). In a time of both misinformation and too much details, quality journalism is more vital than ever.By subscribing, you can help us get the story. SUBSCRIBE NOW Source link. The U.S. is poised to announce a diplomatic boycott of the Beijing Winter Olympics, CNN reports, a relocation that will intensify
Imprisoned Hong Kong barrister Chow Hang-tung, who is waiting for trial under a heavy-handed nationwide security law troubled the city by Beijing, has alerted the international community to take the crackdown on dissent there as a caution. In an acceptance speech from jail on being awarded the Outstanding Democrat of China award by activists in
The pro-Beijing leader easily saw off an opposition effort to oust him, winning 32 votes to 15 after a fractious and hot-tempered day-long debate.The febrile scenes in parliament– in which lawmakers traded claims of corruption, coups and shadowy foreign assistance– echoed current anger on the streets that triggered the arrival of hundreds of worldwide peacekeepers.Three
