China’s property developer giant has become its also its most indebted and defaulted on most of its liabilities and payments in 2021. Founder Hui Ka Yan “pleaded guilty and expressed remorse,” the …
Founder of China’s Evergrande pleads guilty to fraud
Hui Ka Yan, the founder of embattled Chinese property developer Evergrande, has pleaded guilty to a number of charges including embezzlement of corporate assets and corporate bribery, according to a …
China Evergrande founder Hui Ka Yan pleads guilty to fraud
China Evergrande founder Hui Ka Yan pleads guilty to fraud in a Shenzhen court, marking a key moment in the fallout from the developer’s $300 billion debt crisis that shook China’s property sector …
China Imposes New Rules to Block Foreign Companies From ‘Decoupling’
Multinationals in China are concerned that the regulations could allow authorities to penalize companies and executives for shifting supply chains away from the country.
China exports growth in March misses estimates, imports surge most in over four years
China’s export growth slowed in March as manufacturers grappled with surging energy costs, with the Iran war disrupting supplies, while imports jumped more than expected.
China’s exports grew 2.5% in March in a sharp slowdown as Iran war raises uncertainty
China’s exports grew 2.5% in March from a year ago, significantly slowing from the previous two months as uncertainties rose from the Iran war and its impact on energy prices and global demand.
China reacts to Trump’s blockade of Iranian ports as tensions escalate
China warned the U.S. “not to meddle in our affairs,” noting it has “trade and energy agreements with Iran.” …
Trump warns China of ‘staggering’ 50% tariff if caught supplying military aid to Iran
President Trump warns China could face 50% tariffs if caught supplying military aid to Iran as a sweeping Strait of Hormuz blockade takes effect.
Trump warns China of ‘big problems’ over Iran weapons as Xi summit nears
President Trump warns China of “big problems” if it supplies air defense systems to Iran amid reports of potential MANPADS transfers to Tehran.
Iran war’s global energy crisis sharpens China’s advantage in clean tech
The war in Iran is sharpening China’s advantage in promoting a renewable energy future, as oil disruptions expose the fragility of fossil fuel systems.