China Business & Economy
China's property crisis could take many years to resolve as the country has built many houses and its rapid urbanization has slowed, says a Chinese economist.
China Business & Economy | LATEST STORIES
Japanese Companies Are Leaving China to De-risk
Japanese companies have left China one after another. After Sony and Daikin, Mitsubishi may cease production in China due to deteriorating business environment.
Clear Channel Outdoor to Pay $26 Million to Settle China Bribery Charges
The advertising company was accused of violating the U.S. Foreign Corrupt Practices Act through the actions of its agency, which was operating in China.
China's Vacant Homes Now 1.4 Billion More Than Chinese Can Fill, Says Former China Official
Oversupply in Chinese real estate sector can never be filled, Chinese official admits.
CCP's Policy Changes Unlikely to Boost China's New Home Sales: Fitch Ratings
Fitch Ratings says that the Chinese regime's recent relaxing of real estate transaction rules may have little effect on sales of new homes.
China’s Evergrande Shares Halt Trading After News That Chairman Under Police Surveillance
Evergrande's chairman was reportedly taken away by Chinese police earlier this month and currently lives under surveillance at a secret location.
Ford Faces Potential Subpoena Over Its Chinese Partnership as Lawmakers Dial Up Pressure
Chairs of three House committees warn Ford of a congressional subpoena or notification to appear before Congress if the company continues to defy their probes.
Chinese-Based Company Owns Florida Private Schools Cut Off by DeSantis
Florida won't pay scholarship funds to four private schools owned by firm now banned by state law.
