Heating up the ice and snow sector (China Daily)
2023-08-15

Credit Suisse shareholders to file lawsuit over UBS merger (SCMP/AFP)
2023-08-14

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New Fukushima nuclear wastewater leak heightens international concerns: Chinese spokesperson (Xinhua)
2023-08-18

Xi to attend 15th BRICS Summit, visit South Africa (Xinhua)
2023-08-18

Wang Yi addresses 7th China-South Asia Expo opening ceremony (Xinhua)
2023-08-17

China-India border dispute: rare 2-day talks fail to resolve deadlock ahead of Xi-Modi Brics meeting (SCMP)
2023-08-16

China’s defence chief pushes PLA as force for peace during Russia trip, blames US for ‘chaos and disaster’ (SCMP)
2023-08-16

US-Japan-South Korea summit to form 'destructive' mini NATO structure (GT)
2023-08-16

China’s military paper slams Japanese defence and Taiwan policies as Tokyo marks 78th year of WWII surrender (SCMP)
2023-08-15

China calls for greater international support for Afghanistan, but tells Taliban world has ‘some expectations’ on progress (SCMP)
2023-08-15

Chinese embassy condemns terrorist attack targeting Chinese engineers in Pakistan; no report of injuries (GT)
2023-08-13

China and ASEAN members have the capability and wisdom to maintain peace and stability in the South China Sea: Wang Yi (GT)
2023-08-13

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Firm support voiced for drive to weed out healthcare corruption (China Daily)
2023-08-18

China’s rising Covid cases and new variant spark concerns about ‘third wave’ (SCMP)
2023-08-17

China population: 100 million more senior citizens expected in next decade as ageing crisis enters ‘crucial juncture’ (SCMP)
2023-08-17

China's top court improves judicial interpretations on environmental cases (Xinhua)
2023-08-15

Graduate employment remains stable (China Daily)
2023-08-15

Political security is the foundation of national security: Ministry of State Security (GT)
2023-08-15

China tops world in artificial forest area, makes world-leading efforts in desertification control: authority (GT)
2023-08-15

Disaster victims file billions of yuan in insurance claims (China Daily)
2023-08-14

China sends world's first high-orbit SAR satellite into orbit, boosting disaster monitoring (GT)
2023-08-13

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Hong Kong stocks set for biggest weekly drop since June as debt defaults, yuan slide trouble investors (SCMP)
2023-08-18

Hong Kong’s unemployment rate falls to 2.8%, a four-year low (HKFP)
2023-08-17

UK aims at smearing, disrupting instead of 'protecting' HK people with BN(O) visas: Chinese Embassy (GT)
2023-08-16

Local views of One Country, Two Systems improving, centrist party says, as int’l concern mounts over declining freedoms (HKFP)
2023-08-15

7 prominent Hong Kong activists, including media tycoon Jimmy Lai, cleared of organising 2019 protest (HKFP)
2023-08-14

US investment restrictions unlikely to stifle Hong Kong's tech innovations: HKSAR official (GT)
2023-08-13

HKSAR gov't hails introduction of block trading under mutual access program between mainland, Hong Kong (China Daily)
2023-08-12

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Taiwan may be in breach of WTO rules (China Daily)
2023-08-18

US arms sales pushing Taiwan toward abyss (China Daily)
2023-08-18

Taiwanese investing more in South Asia, Asean than mainland China amid global supply chains reshuffle (SCMP)
2023-08-16

US-Taiwan talks on ADTA tax agreement under way, official says, in move that could benefit chip maker TSMC (SCMP)
2023-08-15

China makes serious demarches to Japanese politician's irresponsible remarks on Taiwan question: spokesperson (Xinhua)
2023-08-15

Mainland China to hit Taiwan’s polycarbonate imports with anti-dumping measures, claims ‘concrete damage’ (SCMP)
2023-08-14

Lai's propaganda in New York 'using terms of democracy, freedom to shield dangerous separatism' (GT)
2023-08-14

Taiwan counting on Korean, Singaporean and Hong Kong tourists as mainland Chinese still denied entry (SCMP)
2023-08-13

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China developer Evergrande files for bankruptcy protection (China Daily)
2023-08-18

China targets fulfilling economic goals despite slowdown, as premier seeks enhanced domestic momentum (SCMP)
2023-08-17

China's policy rate adjustment bolsters economy (Xinhua)
2023-08-17

China's countermeasures on US' Section 232 tariffs a legitimate response: MOFCOM (GT)
2023-08-17

China real estate: would-be buyers ask whether it’s a home or a hindrance as they seek to wait out market turmoil (SCMP)
2023-08-17

China's central bank provides 35-bln-yuan new loan targeting diaster-hit regions (Xinhua)
2023-08-16

Country Garden Crisis Drags Down Other Builders That Got Support (Caixin/Bloomberg)
2023-08-16
A potential default at developer giant Country Garden Holdings Co. has led to greater skepticism of the efficacy of China’s property policy help. A group of builders that have received assistance in the form of state guarantees on yuan note sales have suffered the most in recent days after Country Garden’s stumble showed that such aid hasn’t been sufficient to help avoid repayment risks. Chinese authorities unveiled the bond plan a year ago to help select developers raise funds as offshore borrowing costs surged and new-home sales — a key source of cash — slumped. Country Garden was one of the initial participating builders. So was CIFI Holdings Group Co., which defaulted on offshore debt not long after selling a state-backed yuan note. Dollar bonds from units of Gemdale Corp. and Seazen Group Ltd. — developers that were also among those first chosen to sell state-guaranteed local notes — extended recent declines Tuesday. The firms were Monday’s worst performers in a Bloomberg index of Chinese high-yield dollar notes, posting losses of at least 16%. The property fallout and recent new-home sales declines add to China’s increasing economic strains, leaving anxious investors looking for stronger steps to turn the tide as missed payments have broadened to investment products at a financial conglomerate. The country’s central bank unexpectedly reduced a key interest rate Tuesday by the most since 2020, just before another round of disappointing economic data were released. Country Garden entered 30-day grace periods for two missed dollar-bond coupons that were effectively due Aug. 7, sending China’s high-yield market to 2023 lows. But the sell-off is widening. Dollar notes from Longfor Group Holdings Ltd. and China Vanke Co., two of the country’s few private-sector investment grade developers, lost at least 5% Monday to become the worst performers in a Bloomberg high-grade index. They recorded further declines Tuesday. Longfor’s notes plunged 24% in August, easily the biggest decliner in the investment-grade gauge, even as a unit reportedly paid a 1.72 billion yuan ($236 million) bond that matures this week. The company was the first developer last year to sell state-guaranteed yuan notes. “For companies like Longfor and Seazen, if they have enough cash flow to cover their operations they may survive this year,” said Amy Kam, a senior portfolio manager at Aviva Investors Global Services Ltd. “But if the market doesn’t take a turn for better by then, how long can they last?”

China Focus: Action plan to boost China's rural-region commerce (Xinhua)
2023-08-15

China's July data show slowdown pressure amid recovery, signaling more policy support (GT)
2023-08-15

China’s private-sector crisis: everything you need to know about the mess and what Beijing is doing to clean it up (SCMP)
2023-08-13

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Chinese envoy: UN DPRK rights debate may intensify conflict (China Daily)
2023-08-18

Joe Biden trying to meet North Korea’s Kim Jong-un ‘without preconditions’, senior White House official says (SCMP/Kyodo)
2023-08-18

North Korea slams US ‘anti-people empire of evils’ in attack on Washington-led human rights push at UN (SCMP/AP)
2023-08-15

North Korea says border-crossing soldier Travis King wants refuge from mistreatment in US Army (SCMP/Reuters)
2023-08-15

DPRK top leader inspects munitions factories, urges war preparations (China Daily)
2023-08-14

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The 2023 East Asian Youth Games Begins (Montsame)
2023-08-18

Tourism Generates MNT 63.6 Billion in Tax Revenue (Montsame)
2023-08-16

Coal Export Exceeds 2023 Plan (Montsame)
2023-08-16

Seventh Meeting of the Asia Pacific Parliamentarian Forum (APPF) on Global Health (Montsame)
2023-08-15

Mongolia-Japan Business Forum 2023 (Montsame)
2023-08-11

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Embassy of Switzerland