Ethan Zhao
Senior Reporter
The Latest
-
Turbulence in China’s Real Estate: Country Garden Faces Payment Delays and Stalled Overseas Ventures
In a new twist to China's tumultuous real estate sector, leading property developer Country Garden has failed to make a $15 million coupon repayment. This lapse has raised alarms, with sources revealing that bondholders, anxious about potential defaults, are now pushing for immediate discussions with the developer. In a new twist to China's tumultuous real estate sector, leading property developer Country Garden has failed to make a $15 million coupon repayment. This lapse has raised alarms, with sources revealing that bondholders, anxious about potential defaults, are now pushing for immediate discussions with the developer. -
China's Q3 GDP Surges to 4.9%, Outpacing Market Predictions
China's economic performance in the third quarter of 2023 has surpassed market expectations, with a robust 4.9% growth year-on-year, according to data released by China's National Bureau of Statistics. This growth rate, which outpaces the anticipated 4.6% as per a Reuters poll, has ignited optimism that the world's second-largest economy is on track to achieve Beijing's annual target. China's economic performance in the third quarter of 2023 has surpassed market expectations, with a robust 4.9% growth year-on-year, according to data released by China's National Bureau of Statistics. This growth rate, which outpaces the anticipated 4.6% as per a Reuters poll, has ignited optimism that the world's second-largest economy is on track to achieve Beijing's annual target. -
UK Eyes Strengthened Economic Ties with China: Key Trade Talks on the Horizon?
Last November, UK Prime Minister Sunak delivered his inaugural foreign policy speech, asserting that the "golden era" of UK-China relations had come to an end. He criticized the strategies of previous UK governments towards China and firmly opposed a short-term gains approach in policies concerning China. Last November, UK Prime Minister Sunak delivered his inaugural foreign policy speech, asserting that the "golden era" of UK-China relations had come to an end. He criticized the strategies of previous UK governments towards China and firmly opposed a short-term gains approach in policies concerning China. -
China Tightens Overseas Travel Restrictions for Bankers and State Workers Amid Foreign Influence Concerns
China has significantly tightened restrictions on overseas travel for its civil servants and employees of state-linked enterprises. This decision, which is not related to the ongoing COVID-19 pandemic, is based on official notices and insights from over a dozen individuals familiar with the situation. China has significantly tightened restrictions on overseas travel for its civil servants and employees of state-linked enterprises. This decision, which is not related to the ongoing COVID-19 pandemic, is based on official notices and insights from over a dozen individuals familiar with the situation. -
France Heightens Anti-Terror Alert Amid Surge in Attacks
France's security situation has escalated. On October 13, a knife attack occurred at Gambetta High School in the northern city of Arras, resulting in the death of a teacher and serious injuries to two others. Classes resumed at the school on the 16th, but a bomb threat in the morning led to the emergency evacuation of over a hundred students and staff. France's security situation has escalated. On October 13, a knife attack occurred at Gambetta High School in the northern city of Arras, resulting in the death of a teacher and serious injuries to two others. Classes resumed at the school on the 16th, but a bomb threat in the morning led to the emergency evacuation of over a hundred students and staff. -
India Tightens Restrictions on Business Projects from "Hostile Nations" Including China
Reports from Indian media state that the Modi government has further tightened regulations, explicitly prohibiting companies from "hostile nations" with land borders, such as China and Pakistan, from directly participating in any commercial projects in India. It's reported that the Department for Promotion of Industry and Internal Trade (DPIIT) has conveyed this directive to state governments via official letters. Reports from Indian media state that the Modi government has further tightened regulations, explicitly prohibiting companies from "hostile nations" with land borders, such as China and Pakistan, from directly participating in any commercial projects in India. It's reported that the Department for Promotion of Industry and Internal Trade (DPIIT) has conveyed this directive to state governments via official letters. -
China Tightens Offshore Trading Rules, Restricting New Mainland Clients
In a move that underscores China's increasing scrutiny over capital outflows and its commitment to stabilizing its currency, the country has issued a directive prohibiting domestic brokerages and their overseas units from accepting new mainland clients for offshore trading. This unprecedented step has been confirmed by multiple sources and is based on an official document that was recently made available to Reuters. In a move that underscores China's increasing scrutiny over capital outflows and its commitment to stabilizing its currency, the country has issued a directive prohibiting domestic brokerages and their overseas units from accepting new mainland clients for offshore trading. This unprecedented step has been confirmed by multiple sources and is based on an official document that was recently made available to Reuters. -
China's Marriage Trends: Delayed Nuptials and Rising Singlehood Among Low-Educated Men
Following China's first negative population growth in nearly 60 years, the reasons for the continued decline in fertility levels have become a focal point of academic discussion. Beyond the widely noted decrease in the total fertility rate, the trend of delayed childbearing is also significant. Following China's first negative population growth in nearly 60 years, the reasons for the continued decline in fertility levels have become a focal point of academic discussion. Beyond the widely noted decrease in the total fertility rate, the trend of delayed childbearing is also significant. -
Middle East Tensions Rise: A New Era or Just a Storm in a Teapot?
Saudi-Israeli Relations on the Horizon Amidst Palestinian-Israeli Clashes Saudi-Israeli Relations on the Horizon Amidst Palestinian-Israeli Clashes -
Pro-Russian Party Triumphs in Slovakia: What Does It Mean for European Aid to Ukraine?
As the European Union enters its election season, Western support for Ukraine faces challenges. Ukraine's three eastern neighbors-Slovakia, Poland, and Hungary-are grappling with mounting pressures against aiding Ukraine. As the European Union enters its election season, Western support for Ukraine faces challenges. Ukraine's three eastern neighbors-Slovakia, Poland, and Hungary-are grappling with mounting pressures against aiding Ukraine.