Media regulator Ofcom said Thursday that it had withdrawn the Chinese state-owned channel’s license after an investigation “concluded that the license is wrongfully held by Star China Media Limited.” Ofcom …
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Xpeng CEO He Xiaopeng stands next to the company’s P7 electric sedan as he addresses media at the 2020 Beijing auto show. Evelyn Cheng | CNBC In July 2020, local …
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China’s state-owned enterprises and local governments face ‘much tighter credit,’ economist predicts
SINGAPORE — The Chinese economy enters 2021 following a strong bounce back from the coronavirus pandemic and Deutsche Bank’s Michael Spencer predicts that deleveraging will return as a focus for …
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State firms defaulted on a record 40 billion yuan ($6.1 billion) worth of bonds between January and October, according to Fitch Ratings. That’s about as much as the last two …
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A man counting 100 renminbi notes, the Chinese currency. Sheldon Cooper | SOPA Images | LightRocket via Getty Images SINGAPORE — A series of high-profile defaults involving state-owned companies in …