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CHINA HOUSING MARKET ISSUES
China's robot traffic cops cannot fine but will politely ask you to wear helmet instead; built to work without any break, they can spot violations through rush hour and poor weatherChina's traffic robot cops cannot fine or arrest violators but issue polite warnings instead, and are built to work through rush hour, poor...
China Evergrande founder Hui Ka Yan gets life in prison as property giant’s saga endsChina Evergrande founder Hui Ka Yan received a life sentence for fraud charges. The court also confiscated all of his personal property and...
Evergrande’s rise and fall: A timeline of China’s property crisisEvergrande founder Xu Jiayin received a life sentence and massive fines, marking a dramatic turn. The developer's collapse highlights ongoi...
India may lose $270 bn manufacturing GDP by 2035, $1 tn by 2047 without frontier tech: ReportIndia could miss a USD 5.1 trillion manufacturing GDP by 2047. Advanced manufacturing and frontier technologies are key to unlocking this p...
Global Market: China, Hong Kong stocks rebound as healthcare and tech shares rallyChina and Hong Kong stocks rebounded on Thursday, led by healthcare and technology shares, after a sharp selloff in the previous session. F...
China replaces traffic police with robocops: Wheeled robot warns helmetless riders and monitors trafficA Chinese technology company is testing robot traffic officers in Hangzhou to automate repetitive road-monitoring duties. Reuters reported ...
Global Market: Singapore's OCBC taps global debt market with £1 billion bond issueOCBC has priced £1 billion of covered bonds due in 2029 under its $10 billion Global Covered Bond Programme, with proceeds earmarked for ge...
No easy entry for India Inc in China as Beijing tightens business visa rulesIndian companies face significant challenges securing Chinese business visas. Many firms are now relocating crucial executive meetings to o...
China's youth jobless rate rises to 17.9% amid record influx of graduates, economic slowdownChina's youth unemployment reached 17.9 percent in July, a significant increase. A record 12.7 million graduates entered a struggling job m...
Who pays for repair of leakage from a neighbour's bathroom? Maharashtra co-op court clarifies housing society's liabilityLeakage in concealed plumbing lines of 1st floor bathroom led to ground floor residents facing water leakage; Maharashtra court rules housi...
Global Market: Chinese stocks slide as semiconductor and robotics shares tumbleChinese stocks tumbled on Wednesday as semiconductor and robotics shares came under heavy selling pressure, with weak corporate earnings an...
US housing market weakens as AI boom drives factory outputUS housing activity weakened sharply in July, with single-family homebuilding hitting a more than three-and-a-half-year low as high mortgag...
Beijing shifts focus to counties for economic revivalThe government calls for upgrading consumption channels in counties, including renovating township commercial centres, rural markets and lo...
US single-family housing starts slide in JulyThe U.S. witnessed a notable decline in single-family homebuilding last month, primarily due to elevated mortgage rates. An increase in uns...
How U.S. military funding propelled China's robot dogsThe rise of Unitree, a Chinese company known for its impressive robot dogs, can be attributed to research breakthroughs funded by the US mi...
A cheap American sandwich conquered the world. Now China is rewriting the burger's 100-year-old storyBurgers are experiencing a surge in popularity across China's fast-food market. Global chains and local operators are now fiercely competin...
What Bessent’s economic isolation of Iran could look likeThe US Treasury plans new economic pressure on Iran, facing skepticism from critics. Targeting China's oil purchases poses risks to US-Chin...
A $67 bn tariff trail leads the US to India over China trade. Where's the proof?The White House has placed India among countries at highest risk of being used to circumvent US tariffs on Chinese goods, citing an estimat...
US flags dozens of trade partners as risks for aiding tariff evasionThe Trump administration flagged dozens of US trading partners Thursday as potential risks in aiding Chinese tariff evasion, vowing to tap ...
All about Zhu Rongji: The rumoured descendant of Ming dynasty founder, who helped transform China into a global economic powerhouseZhu Rongji, China's former premier, spearheaded significant economic reforms during his tenure. He pushed sweeping changes for state-owned ...