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Hong Kong court jails youths who tried to flee to Taiwan by boat

One of 12 Hong Kong activists arrested last year in mainland China for illegal border crossing arrives at Tin Shui Wai Police Station in Hong Kong, China on March 22, 2021. REUTERS/Lam Yik/File Photo Register now to get free unlimited access to Reuters.com Register HONG KONG (Reuters) – Seven Hong Kong men who tried to …

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Stocks make a recovery attempt, trapped by the weakening of the global economy

China’s economy slowed sharply in the second quarter US yields, the dollar fell after the statements of Federal Reserve officials European markets are more stable, focusing on the political crisis in Italy LONDON (Reuters) – Global stocks tried to rally on Friday after four days of losses caused by mounting fears of an economic slowdown, …

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The real estate crisis in China is entering a dangerous next stage

Scaffolding surrounds an unfinished apartment building in the Evergrande Cultural Tourism City, one of the projects of the Chinese Evergrande Group that has been discontinued, in Suzhou Taikang, Jiangsu Province, China on October 22, 2021. REUTERS/Ali Song Register now to get free unlimited access to Reuters.com Register HONG KONG, July 14 (Reuters) – China’s real …

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Heat waves batter major cities in China’s Yangtze River Basin

Over 90 red alerts have been issued across China for high temperatures Shanghai issues rare red alerts for the city Grid power load reached a record level in seven provinces and regions BEIJING (Reuters) – Severe heat waves swept through China’s vast Yangtze River basin on Wednesday, pummeling densely populated megacities from Shanghai on the …

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Standard & Poor’s cuts Greenland’s state-backed Chinese property developer into ‘selective default’

A sign of Greenland Holdings Corp. Ltd. Register now to get free unlimited access to Reuters.com Register HONG KONG (Reuters) – Rating agency Standard & Poor’s Global downgraded China’s state-backed Greenland Holdings Inc (600606.SS) on Wednesday to “selective default” after the property developer extended the maturities of its $500 million bond. by one year. Shanghai-based …

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Facts: Relations between Alibaba and you began to deteriorate under the glare of China

A picture of the logo of the Ant Group, a subsidiary of Alibaba, at the company’s headquarters in Hangzhou, Zhejiang Province, China, October 29, 2020. REUTERS/Ali Song/File Photo Register now to get free unlimited access to Reuters.com Register BEIJING/SHANGHAI (Reuters) – Ant Group emerged from Alibaba Group Holdings (9988.HK) 11 years ago, but the two …

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Desperate Chinese real estate developer ready to ‘swap wheat for home’

Screenshot of an ad from Central China Real Estate offering to allow buyers to use garlic crops for down payment on a property Register now to get free unlimited access to Reuters.com Register HONG KONG (Reuters) – A desperate developer in China’s battered property market is coming up with a new promotion to lure buyers …

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Tesla cars banned for two months in Beidaihe, the site of the Chinese leadership meeting

A picture of the Tesla logo is seen at a Tesla showroom in Shanghai, China, January 7, 2019. REUTERS/Ali Song Register now to get free unlimited access to Reuters.com Register SHANGHAI, June 20 (Reuters) – Tesla vehicles (TSLA.O) will be barred from entering China’s coastal region of Beidaihe, the site of an annual secret meeting …

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Energy demand in parts of China hits new records amid scorching heat

Electricity pole and power lines in Nanyang, Henan Province, China on October 13, 2021. REUTERS/Ali Song Register now to get free unlimited access to Reuters.com Register BEIJING (Reuters) – Energy consumption in China’s large provinces north of the Yangtze River has risen amid warmer-than-normal weather, as regions such as Henan, China’s third most populous province, …

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