Tag: china-economy

Trading of Evergrande Shares Halted; Worries Concerning Chinese Property Market Deepen
On Oct. 4, Evergrande halted trading of its shares on the Hong Kong Stock Exchange (HKSE) pending a “major transaction,” which some believe involves Chinese state companies buying up portions of the firm’s assets.   Evergrande...
Trading of Bonds Suspended for Chinese Real Estate Giant Evergrande as Prices Plummet
Once the world’s most valuable real estate company, the Evergrande Group, had trading of its bonds suspended by China’s stock exchanges on Monday Sept. 6. The Shanghai Stock Exchange (SSE) said in a statement that...
Why China Is Tightening Up on Its Foreign Exchange Reserves
Since the second half of 2016, the Chinese government has been placing stricter controls on the country’s massive reserves of foreign currency as the economy suffers setbacks. Members of the Chinese middle class have found...
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Economic Trouble Is Threatening China’s Investment Projects
In the small Balkan nation of Montenegro, Chinese loans are driving the construction of a 165-kilometer (103-mile) expressway through a challenging stretch of mountainous territory. But the Montenegrin government has more to worry about than...