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Evergrande’s EV arm, in new setback, pressed to repay subsidies
Automotive News· 7 days agoThe move is the latest blow for Evergrande NEV, which once held grandiose plans to take on Tesla as the world’s biggest EV maker, but instead was caught up in the implosion ...
A Chinese conglomerate loses control of its elite European soccer team, as Beijing fails to dominate...
Fortune via Yahoo Finance· 2 days agoConglomerates also poured money into the Chinese Super League, the country’s top domestic soccer...
China Has a Plan for Its Housing Crisis. Here’s Why It’s Not Enough.
New York Times· 6 days agoA new approach by China’s top leaders is bold but pales against the problem: a vast number of empty...
Chinese property developer Kaisa's liquidation hearing adjourned
Reuters via Yahoo Finance· 3 days agoHONG KONG (Reuters) -A Hong Kong court on Monday adjourned a hearing on a petition seeking the...
Asian Champions League Winners
Houston Chronicle· 5 days ago1967_Hapoel Tel Aviv, Israel
Oaktree’s Inter Milan takeover deals final blow to Zhang’s Suning business empire
South China Morning Post· 7 days agoZhang was borrowing heavily to fuel Suning’s expansion, making him vulnerable when China’s growth...
Sanofi’s CEO thinks OpenAI offers 'insane' potential for the pharmaceutical industry
Fortune· 21 hours agoIf generative AI is going to be more than hype and hallucinations, the trillion-dollar pharma industry is where the magic may happen. Last week, Hudson proudly announced his company’s new partnership ...
Debt-laden China Vanke sells plot of land once earmarked for HQ at huge loss
South China Morning Post· 2 days agoBaishuo Investment took a 34 per cent stake from the sale, while Shenzhen Metro, which owns 27.2 per...
European, Asian stocks rise as traders eye US inflation
AFP via Yahoo Finance· 3 days agoAsian and European stock markets rose Monday in holiday-thinned trading, as investors await fresh...
U.S. Opposes European Plan to Censure Iran Over Nuclear Work — Commodities Roundup
Morningstar· 3 days ago--Brent crude oil is up 0.6% at $82.58 a barrel. The Biden administration is pressing European allies to back off plans to rebuke Iran for advances in its nuclear program as it seeks to keep ...