China’s massive mortgage boycott by homebuyers affects over 200 projects
Cash-starved property developers in China are facing the heat from homebuyers, who have threatened to halt ...
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Tag: china
Quectel launches new connectivity-as-a-service initiative in 2022
Quectel Wireless Solutions, a global provider of IoT solutions, is building on a successful EMEA roll-out ...
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Nike revenue strikes as Europe demand dominates China sales slump in 2022
Nike Inc enhanced its first-quarter revenue on Monday, as strong demand for its athletic apparel and ...
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Prosus set to sell Tencent shares to finance buyback program
Prosus will begin selling a massive 28.9% shares in the Chinese software giant, Tencent Holdings Limited, ...
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BMW starts operations at new USD2.2 billion China plant to ramp up EV production
German luxury car maker BMW said on Thursday that the production has formally begun at a ...
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Ant Group: Beijing gives initial nod to revive USD 37 billion IPO after crackdown cools
According to sources, the Chinese Central leadership has given a green signal to Jack Ma’s Ant ...
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Pakistan shut out of bond markets – USD6 billion bailout from IMF is the only resort
Pakistan Finance Minister Miftah Ismail said that the Pakistani government is unable to secure funding from ...
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New EV shock in China for global automakers in 2022
Global automobile giants looking at dominating the EV market in China such as Volkswagen and General ...
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Borrowings from China for white elephant projects tumbled Sri Lanka and Pakistan into crisis in 2022
China possessed Hambantota Port in Sri Lanka lies 18kms from the Mattala Rajapaksa International Airport. Unfortunately, ...
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New mBridge project seeks to extend its utilization to diminish settlement time for securities in 2021
A multi-nation central bank digital currency plan, dubbed mBridge, involving Hong Kong, mainland China, Thailand, and ...
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