Chinese Developers Have Billions in Debt Off Balance Sheet: JPMorgan
China's embattled developers, Evergrande and other property companies, have reportedly shifted billions of dollars in debt to off-balance ...
Source: theepochtimes.com
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China's Meituan Anti-Monopoly Fine Less Than Feared, Shares Rebound
Shares of China’s food delivery giant Meituan rebounded more than 8 percent on Oct. 11. The company’s financial ...
Source: theepochtimes.com
China Orders Bank Funding to Boost Domestic Coal Production
Beijing ordered that “banks and other financial institutions should prioritize lending to mines and power plants," for them to boost electricity output.
Source: theepochtimes.com
Evergrande Share Trading Suspended as Debt Test Approaches
Trading in the shares of China Evergrande was suspended in Hong Kong, as it missed interest payment deadlines and continued its efforts to repay investors.
Source: theepochtimes.com
China Increases Rare Earth Production, Reaching New High in Yearly Quota
China will expand 2021’s quota of rare-earth metal production by 20 percent to 168,000 tons, its highest level on record.
Source: theepochtimes.com