R&F Properties: no security money has been provided for bail of its director Zhang Li
Guangzhou R&F Properties said no security money has been provided for bail of its director Zhang Li.
Month: December 2022
Guangzhou R&F Properties’ co-founder wanted in US accused of paying kickbacks
The billionaire co-founder of Guangzhou R&F Properties Co Ltd is wanted in the US accused of paying kickbacks to obtain permits for a construction project in San Francisco, a court in London heard on Monday.
China launched trade dispute with WTO against US over chip export control
China has launched a trade dispute at the WTO against the US over its chip export control measures, China’s commerce ministry said.
Property developer CIFI invited potential bidders for stake in property service unit, eyes overseas debt solution in Q1 next year
Chinese property developer CIFI Holdings said that it had invited potential bidders for its stake in the property management subsidiary CIFI Ever Sunshine Service Group and had started preliminary discussions on the bidding process.Â
China’s new bank loans rebounded in Nov, credit growth hit slowest since Oct 2021, household loans, corporate bond financing remained weak
China’s new bank loans rebounded in November from the previous month amid the government’s efforts to bolster the slowing growth, while the overall credit growth remained sluggish as household loans and corporate bond financing remained weak.
Flights at Beijing’s airports expected to reach 70% of 2019-level in near future – official
The number of flights at Chinese capital city Beijing’s two airports is expected to reach 70% of 2019-level in the near future, North China Region Administration of the Civil Aviation Administration of China said on Sunday.
Mainland China reportedly considers border reopening with Hong Kong before Chinese new year
Mainland China is reportedly considering a trail program fro border reopening with Hong Kong as early as next month, and some say quarantine-free trips with purposes of public services and businesses likely to be resumed this month.
Czech Carmaker Skoda Auto considers withdrawing from China
Czech carmaker Skoda Auto considers withdrawing from China and will make a final decision next year, CEO Klaus Zellmer was quoted as saying by Automobilwoche magazine.
China announced shutdown of travel tracking tool to further ease curbs on travels, online search for cross-regions travels, flights surge
China said on Monday that a digital tool tracking cross-region travels will go out of service starting from Tuesday.
China slams US sanctions over alleged rights abuses in Tibet
US sanctions on two senior Chinese officials over alleged human rights abuses in Tibet were illegal and seriously harmed Sino-US ties, the Chinese foreign ministry said on Monday.
Chinese internet stocks to remain range-bound in near term, to see further upside in next 3 – 6 months – research
Chinese internet shares staged a robust rally bolstered by relaxation of Covid curbs. Following the strong rebound, internet stocks will likely remain range-bound in the near term, but will still see further upside in the coming three to six months, Nomura said in a note.
China’s industry associations urged US to respect WTO ruling on tariffs on Chinese steel, aluminium
The China Iron and Steel Association (CISA) and China Nonferrous Metals Industry Association expressed appreciation and support for the WTO’s ruling that the US tariffs on Chinese steel and aluminum products were in breach of rules.
Several Chinese cities issue coupons to residents to boost consumption after relaxation of Covid curbs
Several Chinese cities have taken measures, including issuing coupons, to boost consumer spending, aiming for a rapid consumption recovery after the country eased COVID-19 restrictions.
China may further soften stance on real estate at upcoming key economic meeting
Chinese authorities may further soften their stance on real estate policies at its key economic meeting later this month, economist say.
Chinese property developer rally amid expectation of further relaxation of real estate policy in upcoming key policy meeting
Shares of Chinese property developers and property management companies stage a rally in Hong Kong as market expecting further softening of real estate policy in the upcoming Central Economic Work Conference.
