Day: January 30, 2024

– Evergrande—the world’s most indebted property developer—officially comes to an end. A court ordered the company to sell its assets to pay off a mountain of debt. What does the move mean for global investors? A new report says China and Russia are packing the Earth’s orbit with military satellites, as major U.S. adversaries look to gain footholds in outer space. Young Chinese school children are pledging to be voluntary organ donors. Photos and videos reveal the campaign happening across the country. We ha

#Chinainsights#Chinanews China’s GDP data has become a mystery. Even though more and more relevant institutions, including Moody’s, are looking down on the Chinese economy, the Chinese government’s data is contrary to their predictions. On the morning of January 16, 2024, the Chinese Premier attended the World Economic Forum 2024 Annual Meeting at the Davos International Conference Center in Switzerland and delivered a speech.

China’s economy is in bigger trouble than ever. US charities have been caught sending millions to China. And the Chinese military says it has a new hypersonic bullet that can hit an aircraft carrier at 5,000 miles an hour. Watch this episode of China Uncensored for that and more on this week’s China news headlines.

China has fully suspended the lending of restricted shares on Monday, indicating that regulators are taking serious steps to revive investor confidence, said Wang Jianhui, general manager of the Research and Development Department at Capital Securities. https://www.cctvplus.com/news/2024013…

Have you heard about China’s BeiDou Navigation Satellite System? Official media has hailed it as a miraculous system, claiming it surpasses the U.S. Global Positioning System (GPS) in capability. But many have commented that its use seems more akin to playing a game of “hide and seek”— it’s as if you never seem to know where it will lead you. #beidou #gps #chinaobserver

A court in Hong Kong has ordered the liquidation of China Evergrande. The bankrupt property developer has failed to come up with a workable plan to restructure its debts of over $300 billion. Evergrande’s executive director insists Chinese homebuyers will be protected from the liquidation, which only affects the firm’s international business. But can contagion to China’s domestic market truly be avoided? We’re joined by Gary Ng from investment bank Natixis to discuss that question and many more.

China is facing a spiralling debt crisis and a period of deflation which could very well end their 45 years of economic growth and reform. And there isn’t a simple reason why this is happening, but rather a compounding of policy decisions, unexpected spread of disease, market euphoria, lies and mistakes. This video includes a history of China’s economy, their recent economic problems including the real estate collapse, stock market stagnation and pandemic aftermath, and a deep dive into the current and on