In Depth: How Evergrande’s Founder Played the Capital Markets
Hui Ka Yan had a knack for creating hype that drove the debt-ridden developer to a stratospheric valuation, allowing it to borrow ever larger amounts
Analysis: Severe Coal Supply-Demand Imbalance Challenges Winter Supply
Many provinces impose power rationing as surging power demand runs into supply constraints; high prices and shortages of coal reflect past regulatory crackdown
What’s Behind China’s Regional Power Outages
A coal shortage and a resurgent economy are forcing electricity rationing to industry and households alike
China’s Container Giant CIMC Acquires Maersk’s Cold Container Manufacturing Unit for $1 Billion
Acquisition gives CIMC access to Maersk’s high-end refrigerated marine container technology, boosts CIMC plans for growth in transporting perishables
HNA Seeks to Repay Less Than Half of Debt Claims Sought Against Airline Unit
Creditors want 400 billion yuan from financially troubled Hainan Airlines, but now they will be asked to accept far less
Congo Reviews $6.2 Billion China Mining Deal as Criticism Grows
Congo commission to probe ‘major legal, technical, and financial problems’ with minerals deal; less than a third of promised infrastructure funding has been disbursed
Sep 29, 2021 05:39 AM
Canadian Citizens Released After Being Granted Bail for Medical Reasons
Michael Kovrig and Michael Spavor had been held in China since late 2018 on espionage charges
Sep 28, 2021 09:27 PM
Tech Giants Talk Up Their Contributions to China’s ‘Common Prosperity’
Tencent and Qualcomm executives among speakers citing improved digital infrastructure and increased financial literacy as projects that give back to society
Sep 28, 2021 09:13 PM
Power Outages Are Putting Lives at Risk in China’s Energy-Rich Northeast
In Liaoning province, 23 people require hospitalization after a power cut at a factory shut down ventilation, leading to carbon monoxide poisoning
Sep 28, 2021 09:07 PM
Eying a Falling Birth Rate, China Vows to Get Tougher on Domestic Violence
New guidelines issued to promote ‘healthy’ family relationships and gender equality
Sep 28, 2021 08:55 PM
Tech Insider: Mass-Produced Satellites, Industrial Robots, Huawei’s Latest Cloud Venture
Alibaba invests in Singaporean van startup and plans for robot deliverymen at home
Sep 28, 2021 08:33 PM
Caixin China Biz Roundup: China’s Ban on Crypto Transactions
New restrictions send shockwaves across the industry; deadly e-bike explosion heightens concerns over lack of safe charging options; and energy shortage puts suppliers for Apple and Tesla is in a bind
Sep 28, 2021 08:14 PM
Ex-Regulator Accused of Taking Bribes While Overseeing State Takeover of Bank
Li Guorong misused his power when acting as a senior executive supervising the takeover of Baoshang Bank, China’s top graft-buster says
Sep 28, 2021 06:21 PM
China Says It Will Reduce Abortions as Part of New Guidelines for Women
Government pledges to improve sex education and awareness to reduce unwanted pregnancies as it sets wide-ranging targets for women’s development
Sep 28, 2021 05:29 PM
Japan to End Covid State of Emergency as Cases Fall
Government plans to gradually relax restrictions this week in a boon for bars, restaurants and hotels
Sep 28, 2021 05:18 PM
Gallery: China’s Zhuhai Airshow Gets Underway
Some 700 companies from over 35 countries are showcasing thousands of products at the 13th Airshow China, which opened Tuesday in Zhuhai, South China’s Guangdong province. The event, which runs until Oct. 3, comprises indoor and outdoor exhibits and aerobatic performances, featuring domestically developed military jets and drones like the J-16D and WZ-7
Sep 28, 2021 04:55 PM
Alibaba Offers WeChat Pay on Some Apps at Beijing’s Behest
Food-delivery app Ele.me and online ticketing platform Damai among the services offering rival Tencent’s payment system as an option
Sep 28, 2021 04:09 PM
Shanghai Composite Index Rose 0.54% on Tuesday
Shenzhen Component Index closed down 0.21%
Sep 28, 2021 03:03 PM
CX Daily: China’s Assault On Big Tech’s ‘Walled Gardens’
China and the EU are expected to publish the first set of common classification standards for sustainable finance by the end of this year
Sep 28, 2021 09:32 AM
SGX: China-related SPACs Interested in Singapore Listing
Chinese companies, investors eye Singapore listing; Singapore exchange launched SPACs to revive local IPO market
Sep 28, 2021 07:01 AM
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