China Evergrande Group is checking to see if offshore creditors will back its plan to fight a lawsuit in Hong Kong aimed at liquidating the group, a source says
Company has hit been with dozens of lawsuits in the US alleging copyright infringement in recent years, according to a report by the Wall Street Journal, which cited court records
Xiao disappeared in 2017 during a probe into his Tomorrow Holdings conglomerate. The Canadian Embassy in Beijing, which revealed the news about Xiao, said they would closely monitor his trial
In June, President Joe Biden twice said US gross domestic product growth this year would overtake China's for the first time since 1976
Analysts say pressure is rising on China to take a more active role in helping strained economies ease their debt crises.
The two firms will work closely on mobile technologies, the automaker said
43 party members on the institute's research team were monitored with artificial intelligence as part of the study, the report said
Eleven cities that account for almost 15% of GDP are affected by the latest lockdowns, as are about 115 million people, estimates Nomura Holdings.
Rating agency Moody's is reviewing the Shanghai-based group as it sees a 'contagion risk' spreading to scores of companies across China, the US and Europe
The struggling real estate firm blamed "market uncertainties over debt refinancing” for being unable to repay its creditors in time
The city is a major high-tech manufacturing hub, with nearly 1,000 high-tech enterprises established in the city
XPeng, Li Auto, and Nio all saw sales growth last month as China’s automakers got back on track after weeks of Covid-affected production