US Commerce Secretary Gina Raimondo won a promise to revive business talks between Washington and Beijing, a key step as both sides look to ease tensions. But American firms were left wondering if ... ( read original story ...)
Construction resumes on Shanghai residential complex amid mortgage boycott fears
The developer of an unfinished residential complex in downtown Shanghai facing a potential mortgage boycott has resumed construction amid pressure from local authorities. ( read original story ...)
Inside the downfall of embattled property developer China Evergrande
By Engen Tham, Julie Zhu, Clare Jim SHANGHAI/HONG KONG -In the beginning, Hui Ka Yan followed a simple formula. Borrow to buy land. Sell homes on the site before they are built. Use the cash to pay ... ( read original story ...)
How Evergrande’s collapse foreshadowed China’s property crisis
In the beginning, Hui Ka Yan followed a simple formula. Borrow to buy land. Sell homes on the site before they are built. Use the cash to pay lenders and finance the next real estate project. ( read original story ...)
Hozon nets CNY7bn in pre-IPO fundraising round
Chinese electric vehicle (EV) manufacturer Hozon New Energy Automobile Company this week said it has raised CNY7bn (US$960m) in a pre-initial public offering (IPO) financing round, the first inflow of ... ( read original story ...)
Pixelworks Shanghai Subsidiary Appoints Wallace Pai as Chief Operating Officer
Experienced Global Semiconductor Leader Strengthens Executive Team; Further Prepares Pixelworks Shanghai Subsidiary for Planned IPO on Shanghai ... ( read original story ...)
Stock market today: Asian markets lower after Japanese factory activity and China services weaken
Asian stock markets are mostly lower after Japanese factory activity and Chinese service industry growth weakened ... ( read original story ...)