China’s property market continued to decline in the first half of 2024, but is showing positive signs with the downward trend slowing in the second quarter, as government stimulus measures appear to ... ( read original story ...)
Wanda nears deal for loan facility to pay investors
Dalian Wanda Commercial Management Group Co has told some investors that a loan that could be used to pay some pre-initial public offering (IPO) investors in one of its units is close to being ... ( read original story ...)
Inside China’s vicious deflationary cycle
Despair at the faltering economy has rippled throughout China’s major cities and out into its regions Tokyo | On the outskirts of Shanghai in Yangpu district, medical assistant Ming says she’s ... ( read original story ...)
Coffee Trading Conglomerate NKG Opening First China Business
Green coffee trading conglomerate Neumann Kaffee Gruppe (NKG) is opening its first trading business in China, responding to a consumer market that has rapidly expanded over the past decade. ( read original story ...)
Shanghai port adds capacity with new automated terminal
The first phase of what is described as one most advanced automated container terminals in China adds a design capacity of 2.6 million TEU annual throughput ... ( read original story ...)
Hong Kong court adjourns Chinese developer Shimao’s liquidation petition
(Reuters) -Embattled Chinese property developer Shimao Group said on Thursday a Hong Kong court had adjourned a winding up petition against the company to Dec. 16, allowing Shimao more time to work ... ( read original story ...)
Facing budget crunches, Chinese tax collectors descend on companies
Chinese authorities are chasing unpaid taxes from companies and individuals dating back decades, as the government moves to plug massive budget shortfalls and address a mounting debt crisis. ( read original story ...)