Ethan Zhao
Senior Reporter
The Latest
-
Hong Kong Court Orders Evergrande Liquidation, Deepening Property Crisis
The Hong Kong High Court's decision to order the liquidation of Evergrande Group, the globe's most indebted real estate developer, has sent ripples through the financial markets, exacerbating concerns over the already fragile state of China's property sector. 
The Hong Kong High Court's decision to order the liquidation of Evergrande Group, the globe's most indebted real estate developer, has sent ripples through the financial markets, exacerbating concerns over the already fragile state of China's property sector. -
China's Central Bank Initiates Monetary Easing to Revive Economy
China's central bank, the People's Bank of China (PBOC), announced a reduction in the reserve ratio requirements for banks by 50 basis points, effective February 5. This policy change is expected to release about 1 trillion yuan ($139.8 billion) in long-term capital into the economy. 
China's central bank, the People's Bank of China (PBOC), announced a reduction in the reserve ratio requirements for banks by 50 basis points, effective February 5. This policy change is expected to release about 1 trillion yuan ($139.8 billion) in long-term capital into the economy. -
China Plans $278 Billion Market Rescue Package Amid Stock Slump
China is considering deploying substantial financial support, with reports indicating a potential infusion of about 2 trillion yuan ($278 billion). 
China is considering deploying substantial financial support, with reports indicating a potential infusion of about 2 trillion yuan ($278 billion). -
Xi Jinping's Anti-Corruption Crusade Intensifies in China's Financial Sector: Reports
Chinese President Xi Jinping's relentless anti-corruption campaign, ongoing for a decade, has now intensified its focus on the finance industry, revealing the depth of the Chinese leader's commitment to purging corruption from the Communist Party and state institutions. 
Chinese President Xi Jinping's relentless anti-corruption campaign, ongoing for a decade, has now intensified its focus on the finance industry, revealing the depth of the Chinese leader's commitment to purging corruption from the Communist Party and state institutions. -
Deadly Landslide in Southwest China: Eight Confirmed Dead, Dozens Missing
In a devastating incident, a landslide in the mountainous region of southwest China's Yunnan province has claimed the lives of at least eight people, with dozens still missing. The tragedy struck the remote Zhenxiong County in the early hours of Monday, burying 18 homes and leading to the evacuation of over 200 residents. 
In a devastating incident, a landslide in the mountainous region of southwest China's Yunnan province has claimed the lives of at least eight people, with dozens still missing. The tragedy struck the remote Zhenxiong County in the early hours of Monday, burying 18 homes and leading to the evacuation of over 200 residents. -
China’s Population Shrinks Again, Hitting Record Low Birth Rate Amid Economic Struggles
China's demographic landscape is undergoing a profound transformation as the country reports its population shrank for the second consecutive year in 2023, a trend that is adding to the challenges faced by the world's second-largest economy. 
China's demographic landscape is undergoing a profound transformation as the country reports its population shrank for the second consecutive year in 2023, a trend that is adding to the challenges faced by the world's second-largest economy. -
China Reports Subdued 5.2% GDP Growth in Fourth Quarter, Facing Economic Headwinds
China's economic growth in the fourth quarter of 2023 has missed the mark, growing only 5.2% compared to the expected 5.3%, as reported by the National Bureau of Statistics. 
China's economic growth in the fourth quarter of 2023 has missed the mark, growing only 5.2% compared to the expected 5.3%, as reported by the National Bureau of Statistics. -
China Circumvents US Ban to Acquire Nvidia Chips for Military and AI Use: Report
Chinese military bodies, state-run artificial intelligence institutes, and universities have been acquiring Nvidia semiconductors, skirting around the U.S. ban imposed on exports to China. 
Chinese military bodies, state-run artificial intelligence institutes, and universities have been acquiring Nvidia semiconductors, skirting around the U.S. ban imposed on exports to China. -
China Evergrande NEV Faces Turmoil as Vice Chairman Detained, Shares Drop 23%
Shares of China Evergrande New Energy Vehicle Group (Evergrande NEV) plummeted by 23% on Monday following the announcement that the company's Vice Chairman, Liu Yongzhuo, has been detained under suspicion of "illegal crimes." 
Shares of China Evergrande New Energy Vehicle Group (Evergrande NEV) plummeted by 23% on Monday following the announcement that the company's Vice Chairman, Liu Yongzhuo, has been detained under suspicion of "illegal crimes." -
China's Banking Giants Tighten Grip to Shield Against Credit Crisis: Report
China's prominent banks are strategically reassessing their relationships with smaller lenders amid a deepening property crisis. 
China's prominent banks are strategically reassessing their relationships with smaller lenders amid a deepening property crisis.
