Alibaba seeks $5b in dual-currency bond offering
China's e-commerce giant Alibaba Group is aiming to raise $5 billion through a multi-tranche bond issuance.
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China
Shanghai eases property taxes to boost sluggish market
Shanghai, China will lower real estate transaction taxes starting December 1st to boost the property market.
China’s youth jobless rate dips in Oct. ’24
China's youth unemployment rate for 16-to-24-year-olds, excluding college students, decreased slightly to 17.1 per…
China’s Country Garden proposes debt restructuring
China's Country Garden has submitted preliminary terms of an offshore debt restructuring proposal to some creditors…
Egypt’s trade with G20 nations hits $61b in first 9 months of ’24
Egypt's trade with the G20 countries reached $61 billion in the first nine months of 2024, up from $55.6 billion…
Sunac China unveils debt restructuring plan for mainland creditors
Chinese property developer Sunac China (1918.HK) announced on Thursday that it had proposed a debt restructuring…
China’s railway network continues to expand in 10m
China's railway network continues to expand rapidly as fixed-asset investment in the railway sector reached $88.2…
China-APEC trade hits record high in ’24
China's trade with other Asia-Pacific Economic Cooperation (APEC) economies reached a record high of 21.27 trillion…
China unveils tax incentives for struggling property market
The Chinese government has implemented new tax incentives aimed at stimulating the ailing property market.
BNP Paribas trims China workforce amid fee plunge
French banking giant BNP Paribas joined the growing list of global banks reducing their headcount in China.