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India-China troops begin disengagement at 2 friction points in Ladakh

India-China troops begin disengagement at 2 friction points in Ladakh

Fri, Oct 25, 2024

The border standoff between India and China began in eastern Ladakh along the LAC in 2020, sparked by Chinese military actions.

China emerges as India's top import source during April-September 2024

China emerges as India's top import source during April-September 2024

Wed, Oct 16, 2024

China has emerged as India's top import source with $56.29 billion worth of inbound shipments during the April-September period of this fiscal, according to the commerce ministry data.

For what reasons are FIIs selling? What is the China connection of this selling?

For what reasons are FIIs selling? What is the China connection of this selling?

Fri, Oct 04, 2024

When will this selling of FIIs stop?, For what reasons are FIIs selling?, What is the China connection of this selling?, Know from Anil Singhvi.

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China stock pickers reshape portfolios on Xi's ''common prosperity''

China stock pickers reshape portfolios on Xi's ''common prosperity''

Wed, Nov 03, 2021

Chinese stock market investors are swapping big tech names for "small giants" and luxury brands for mass market companies, aiming to cash in on President Xi Jinping`s "common prosperity" plan for the economy.

Medicines, raw material prices to take hit amid looming power crisis in China

Medicines, raw material prices to take hit amid looming power crisis in China

Thu, Oct 28, 2021

Rising prices of packaging materials, along with raw materials and a short supply of containers, are also adding to the problems of pharma companies.

China's Evergrande resumes work on more than 10 projects

China's Evergrande resumes work on more than 10 projects

Sun, Oct 24, 2021

Evergrande, which has some $300 billion in liabilities, said in a post on its Wechat account that some projects had entered the interior decoration stage while other buildings had recently finished construction

Evergrande shares fall as China's biggest corporate failure looms

Evergrande shares fall as China's biggest corporate failure looms

Thu, Oct 21, 2021

The China Evergrande Group, the parent company for the sprawling empire built by a former steel industry executive, was down more than 10 per cent in Hong Kong at midday on Thursday. Evergrande Property Services, one of its most profitable units, was off by 6.45 per cent

Parts of northern China brace for more COVID-19 lockdowns and curbs as wave of cases raises concerns

Parts of northern China brace for more COVID-19 lockdowns and curbs as wave of cases raises concerns

Thu, Oct 21, 2021

Parts of northern China are bracing for more COVID-19 curbs as a wave of cases raises concerns of a broader outbreak, with three areas enforcing lockdowns, some schools halting classes, and an aerospace firm delaying work on a rocket project

Evergrande Crisis: Struggling Chinese developer calls off $2.6B asset sale

Evergrande Crisis: Struggling Chinese developer calls off $2.6B asset sale

Thu, Oct 21, 2021

China Evergrande Group's planned sale of 50.1% of its property management unit to a rival, Hopson Development Holdings, was cancelled because the buyer 'had not met the prerequisite to make a general offer for shares,' Evergrande said late Wednesday in a statement through the Hong Kong stock exchange.

Analysis: What lies beneath? Hidden debt fears feed China's property woes

Analysis: What lies beneath? Hidden debt fears feed China's property woes

Thu, Oct 21, 2021

Since Beijing started clamping down on corporate debt in 2017, many real estate developers have turned to off-balance-sheet vehicles to borrow money and skirt regulatory scrutiny, analysts and lawyers say.

Tech stocks help Asian markets shake off China blues

Tech stocks help Asian markets shake off China blues

Tue, Oct 19, 2021

Asian shares bounced on Tuesday, led by technology names across the region and as Chinese markets clawed back ground lost after disappointing economic data.

China Q3 GDP growth hits 1-year low, raising heat on policymakers

China Q3 GDP growth hits 1-year low, raising heat on policymakers

Mon, Oct 18, 2021

China`s economy grew at the slowest pace in a year in the third quarter, hurt by power shortages, supply bottlenecks and sporadic COVID-19 outbreaks and raising heat on policymakers amid rising jitters over the property sector.

#DeshKaZee: Invesco a puppet in China's conspiracy against ZEEL-Sony mega-merger?

#DeshKaZee: Invesco a puppet in China's conspiracy against ZEEL-Sony mega-merger?

Wed, Oct 06, 2021

Noticing how Invesco is acting for the past few days with respect to ZEEL-Sony deal, it raises some big and pertinent questions including - Is Invesco a puppet of China's conspiracy against ZEEL-Sony mega merger?

Hong Kong Stock Exchange suspended Evergrande from trading: How big is the problem - explains Analyst Kushal Gupta

Hong Kong Stock Exchange suspended Evergrande from trading: How big is the problem - explains Analyst Kushal Gupta

Mon, Oct 04, 2021

Anil Singhvi, Managing Editor at Zee Business said the news that shares of distressed developer China Evergrande and its profitable property management unit were suspended from trade in Hong Kong on Monday and speculation about a possible asset divestment at the cash-strapped company resulted in action in shares of real estate companies.

China Evergrande Crisis: Share trading halt spurs asset sale speculation

China Evergrande Crisis: Share trading halt spurs asset sale speculation

Mon, Oct 04, 2021

The Hong Kong stock exchange gave no reason for the suspension of Evergrande or of shares in its unit Evergrande Property Services Group and it was unclear who initiated the suspension.

US firms in China say badly hit by unprecedented power crisis

US firms in China say badly hit by unprecedented power crisis

Fri, Oct 01, 2021

The power cuts have led to lost business opportunities, cancellation of orders and wastage of raw materials, Ker Gibbs, president of the American Chamber of Commerce (AmCham) in Shanghai said.

China's Belt and Road plans losing momentum as opposition, debt mount -study

China's Belt and Road plans losing momentum as opposition, debt mount -study

Wed, Sep 29, 2021

China's vast Belt and Road Initiative (BRI) is in danger of losing momentum as opposition in targeted countries rises and debts mount, paving the way for rival schemes to squeeze Beijing out, a new study showed.

Crippling power shortages! Blackouts now rolled out in Beijing and Shanghai

Crippling power shortages! Blackouts now rolled out in Beijing and Shanghai

Wed, Sep 29, 2021

The Beijing office of State Grid Corp. of China said it will begin scheduled power outages in select areas through Sunday. Electricity will mainly be cut for a few daytime hours at a time.

Investors brace for rough ride as Evergrande faces coupon payment deadline

Investors brace for rough ride as Evergrande faces coupon payment deadline

Wed, Sep 29, 2021

Evergrande plans to sell a 9.99 billion yuan ($1.5 billion) stake it owns in Shengjing Bank Co Ltd to a state-owned asset management company, the developer said on Wednesday in an exchange filing.

China seeks to calm power supply fears as crunch bites

China seeks to calm power supply fears as crunch bites

Wed, Sep 29, 2021

The National Development and Reform Commission (NDRC) has asked local governments to closely monitor coal use and stocks at power plants and to improve fulfilment of medium- and long-term contracts to supply thermal coal.

Goldman Sachs cuts China growth on power shortage

Goldman Sachs cuts China growth on power shortage

Tue, Sep 28, 2021

According to a BBC report, Goldman Sachs has cut its growth forecast for China to 7.8 per cent from its previous estimate of 8.2 per cent.

China's top regulators ban crypto trading and mining, sending bitcoin tumbling

China's top regulators ban crypto trading and mining, sending bitcoin tumbling

Sun, Sep 26, 2021

Ten agencies, including the central bank, financial, securities and foreign exchange regulators, vowed to work together to root out "illegal" cryptocurrency activity, the first time the Beijing-based regulators have joined forces to explicitly ban all cryptocurrency-related activity

Evergrande's billionaire boss exuded calm as crisis grew

Evergrande's billionaire boss exuded calm as crisis grew

Fri, Sep 24, 2021

Mingling with power brokers at celebrations to mark the centenary of the Chinese Communist Party on July 1, a beaming Hui Ka Yan showed no signs that his company, China Evergrande, was facing mounting pressure with debt repayments.

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