Country Garden was once China’s biggest developer but ran out of money. A lender is taking it to court in Hong Kong, a sign of continuing market distress.
Category: China
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Zong Qinghou, Beverage Tycoon in China, Dies at 79
A bitter but successful battle with Danone of France for control of a joint venture made him the richest person in China for a time.
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China’s Hacker Network: What to Know About the I-Soon Document Leak
Documents leaked on a public website show that China is hiring private hackers to obtain sensitive information from foreign companies and governments.
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Leaked Files Show the Secret World of China’s Hackers for Hire
China has increasingly turned to private companies in campaigns to hack foreign governments and control its domestic population.
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Silicon Valley Venture Capitalists Are Breaking Up With China
Under intensifying scrutiny from U.S. lawmakers, top firms have pulled back from investing in Chinese start-ups.
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Biden Hardens Protection Against Cybersecurity Threats to Ports
An executive order expands powers to the Department of Homeland Security amid increased fears of a conflict with China.
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China’s Investors Are Losing Faith in Its Markets and Economy
As their losses pile up, Chinese investors are losing confidence not only in the stock market but in the government’s ability to turn the economy around.
