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Country Garden’s shares fell more than 12% in early trading on Wednesday, amid a continued debt crisis in China’s property sector
Country Garden Holdings has said a liquidation petition has been filed against the property developer for non-payment of a loan worth $205m, adding to the woes for China’s liquidity crisis-hit property sector.
Country Garden said in a regulatory filing to the Hong Kong Stock Exchange it would “resolutely” oppose the petition, which was filed by a creditor, Ever Credit Limited, a unit of Kingboard Holdings. A court hearing has been set for 17 May.

WASHINGTON (Reuters) - Republican Senator Josh Hawley is introducing on Wednesday legislation to hike tariffs on Chinese vehicle imports amid growing concerns about the impact of these vehicles on U.S ...

Republican Senator Josh Hawley is introducing on Wednesday legislation to hike tariffs on Chinese vehicle imports amid growing concerns about the impact of these vehicles on U.S. car companies.

On the anniversary of the start of the killings, families say they want nation to tackle uncomfortable truths
Lin Li-cai was only two years old when her father was murdered. She knew almost nothing about his death until she was an adult. “There used to be a picture of my father hanging in the living room, but I didn’t even know who it was,” says Lin, now 80.
She has no memory of the events and throughout her childhood his death was mentioned just twice. The first was when her uncle warned her: “Don’t talk about what happened to your father, otherwise the police will come get you.” The second was in elementary school when a teacher saw the date of his death on her file, and told Lin she would have to study and work very hard.

EXCLUSIVE: The Black List is opening submissions for six diversity lists in partnership with GLAAD, CAPE, the MPAC Hollywood Bureau, The Salon, the Latin Tracking Board, NALIP, 1IN4 Coalition, and the ...

US President Joe Biden has signed an executive order to prohibit the sale of sensitive personal data about Americans to China and other adversarial nations. This article discusses the implications of ...

Think of every drone made in Communist China just like their spy balloon. Each can gather data or carry harmful payloads across our military installations and target critical infrastructure.

Schools in south suburban Charlotte reflect a boom in Asian students. Jigna Patel is the principal of Ballantyne Elementary, where many students and parents share her Indian roots.

Hilda Heine says US funding delays damage relationship with the Pacific nation as lawmakers say hold-up delivers a ‘gift’ to China
Hilda Heine, the president of the Republic of the Marshall Islands, has warned relations with the US are “gradually being destroyed by party politics” as Congress delays approval of crucial funding for the Pacific nation.
US lawmakers have not yet passed funding packages agreed in 2023 with the Marshall Islands, Palau and the Federated States of Micronesia (FSM), in a move some argue is opening the door to China to build its influence in the Pacific region.

By 2060, the older Asian population in the U.S. is expected to reach 8.5 million, making up 9% of the country's elderly demographic, sig ...

European, Japanese, and American automakers have struggled to sell their EV shapes at a reasonable price, without sacrificing any semblance of profitability. Meanwhile, cheap and cheerful ...

The world’s biggest EV producer, with early investment from Warren Buffett, introduces a 1,287-horsepower battery road rocket ...