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Shimao has not entered into a preliminary agreement to sell the Shanghai Shimao International Plaza.
Shimao Denies Reports of Property Sale as Ratings Agencies Downgrade Company
Shimao Group Holdings, a Chinese real estate developer, was recently reported to be selling all of its...
Workers sit outside a construction site in 2021 in Beijing, China.
Strict COVID-19 Lockdowns Slash China’s Economic Growth
For the past few decades, China has been one of the fastest-growing economies in the world. Even after...
NFT owners are being targeted with scams.
Scammers Stealing Millions From NFT Investors
Non-Fungible Tokens (NFT) are the latest items to become a sought-after asset class. An NFT is a non-interchangeable...
Shimao is reportedly looking to sell its residential and commercial properties.
‘Healthy’ Chinese Property Developers Affected by Raging Real Estate Crisis
Shimao Group, believed to be one of the healthiest developers in China amidst the country’s ongoing real...
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Cargo Containers: A Closer Look at the Box that Blocks Our Supply Chain
Cargo containers can be seen in practically every cargo ship across the seas and oceans, as today’s worldwide...
2022-01-10
Chinese Phones Sold in Taiwan Accused of Content Censorship, Users’ Private Data May Be Tracked by Beijing
After the Lithuanian Ministry of Defense revealed that the Mi 10T 5G smartphone sold by Chinese company...
Economically Challenged Sri Lanka Asks China to Extend Loan Repayment Programs Amid Financial Crisis
The president of Sri Lanka has asked Beijing to restructure its debt repayments as part of efforts to...
France Backs Lithuania After Beijing Orders Embargo on Lithuanian Goods Over Vilnius’ Support of Taiwan
In a move of solidarity, France has urged the EU to show a united front against China over an escalating...
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Bond King Jeffrey Gundlach Does Not Find China an Attractive Investment
With many Chinese stocks having fallen massively in share value over the past year, some investment experts...