China Newsbase
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The China News Database was last updated at 01:50PM on November 9, 2023.
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1,240 articles matching the search query.
EU Seeks U.S. Alliance on Investor Screening to Confront China
The European Union will aim to agree on a framework for working with the U.S. to screen potentially hostile foreign investments when officials meet in Pittsburgh later this month, according to a person familiar with the preparations for the talks.
Chinese students hit by US visa rejections amid tension
After a semester online, Wang Ziwei looked forward to meeting classmates who are returning to campus at Washington University in St. Louis. But the 23-year-old finance student said the U.S. revoked his student visa on security grounds.
China Evergrande Crisis: Property Firm Faces Protests From Homebuyers, Investors
China Evergrande Group is facing mounting protests by homebuyers, retail investors and even its own employees, raising the stakes for authorities in Beijing as they try to prevent the property giant’s debt crisis from sparking social unrest.
China Has ‘Too Many’ Electric Carmakers; M&A to be Encouraged
China has vowed to consolidate the country’s electric vehicle industry after a decade-long nurturing of the sector led to the emergence of too many players, some of which are barely viable.
Xi Urges Communist Party's ‘Mr. Nice Guys’ Not Worry Offending Others
Chinese President Xi Jinping has urged members of the ruling Communist Party to act more boldly when necessary, in a sign of frustration over the performance of lower-level officials in the country’s top-down political system.
Soho China Plummets 40% After Blackstone Takeover Falls Apart
Soho China Ltd. tanked in Hong Kong trading after a $3 billion takeover by Blackstone Group Inc. collapsed.
China's Operation Fox Hunt for Dissidents Includes U.S. and Europe
Operations Fox Hunt and Skynet target Beijing’s critics wherever they may go.
Evergrande 75% Haircut Is Now a Base Case for Bond Analysts
China Evergrande Group may undergo one of the country’s biggest-ever debt restructurings, if the developer’s distressed-level bond prices are any indication.
Huarong Sues Jushenghua for $650 Million Outstanding Loan
China Huarong Asset Management Co. is suing Shenzhen Jushenghua Co. to accelerate a 4.2 billion yuan ($650 million) outstanding principal payment.
Net-Zero Goal Forces China to Tackle Just Transition
Polluted coal-reliant provinces made China’s megacities rich. Now President Xi Jinping’s green ambitions to curb carbon emissions risk leaving them behind.
China Wealth Management Connect With Hong Kong to Start in Days
China’s long-awaited plan to allow investments for private wealth between Hong Kong and its increasingly affluent southern region is set to kick off in the next few days.
China Lets Evergrande Reset Debt Terms to Ease Cash Crunch
Regulators in Beijing have signed off on a China Evergrande Group proposal to renegotiate payment deadlines with banks and other creditors, paving the way for a temporary reprieve as the cash-strapped developer struggles to come to grips with more than $300 billion of liabilities.
Traders Rush to Dump China Tech Stocks as Gaming Targeted Again
Technology stocks led Chinese shares lower on Thursday after Beijing took aim at gaming companies for focusing solely on profit, underscoring the risk of calling a bottom to the market.
The Industry Walmart Invented in China May Now Leave It Behind
In the months before the delta variant upended domestic travel in China, Walmart Inc. would regularly have employees fly to cities like Shanghai to observe and take photos of what its competitors were up to, according to people familiar with company’s practices. At times, they got caught and were asked to leave.
Ant-Backed Hello Seeking Funds at Likely Lower Valuation
Hello Inc., the Chinese bike-sharing unicorn backed by Jack Ma’s Ant Group Co., is trying to raise funds at a reduced valuation after abandoning a U.S. IPO, according to people familiar with the matter.
ByteDance Is in Talks for $4 Billion in Loans as IPO Wavers
ByteDance Ltd. is in discussions for about $4 billion in bank loans, according to a person familiar with the matter, as a crackdown on China’s internet sector casts doubt over the timing of its much-anticipated initial public offering.
China Accuses Canada Goose Of ‘Misleading’ Consumers in Ads
High-end parka maker Canada Goose Holdings Inc. was fined by China and criticized by its state media for allegedly misleading consumers in some advertisements, becoming the latest foreign brand to be targeted by regulators amid political tensions between Beijing and the west.
Broadcasters urged to cancel plans to cover Beijing Olympics
TOKYO (AP) — Some of the world’s largest broadcasters including American network NBC are being asked by human rights groups to cancel plans to cover next year's Winter Olympics in Beijing. The Winter Games are scheduled to open on Feb.
China chases 'rejuvenation' with control of tycoons, society
BEIJING (AP) — An avalanche of changes launched by China’s ruling Communist Party has jolted everyone from tech billionaires to school kids. Behind them: President Xi Jinping’s vision of making a more powerful, prosperous country by reviving revolutionary ideals, with more economic equality and tighter party control over society and entrepreneurs.
Ai Weiwei Says Credit Suisse Is Closing His Foundation’s Account
Chinese artist and dissident Ai Weiwei said Credit Suisse Group AG is closing his foundation’s account after the Swiss bank informed him that it was terminating the relationship because of an alleged criminal record.