China Evergrande chairman Hui Ka Yan's statement that its electric vehicle venture would become its primary business in 10 years cheers investors
Creditors of HNA Group have reportedly approved a restructuring of the once high-flying conglomerate, which included Hainan Airlines.
Chairman Hui Ka Yan predicts that electric vehicles will be the group's top focus in the years ahead, but many analysts say Evergrande may be lucky to survive the year, let alone the next decade.
Energy demand surges and coal supply shortages have led to the worst power outages in decades in China. The power...
Chinese government’s efforts to curb domestic power consumption restrict supply, threatening industrial production and closure of auto plants.
Slump will add pressure on local authorities, who depend partly on real estate auctions for income
Regulators vow to roll out counter-cyclical adjustments if wide fluctuations continue
Evergrande paid interest on a US dollar bond two days before a deadline, the state-backed Securities Times reported. But it still has a mountain of debt to pay.
The worst power outages in decades are hitting many parts of China, disrupting manufacturing of all kinds of products from...
National Development and Reform Commission advisory comes as thermal coal futures tumbled 13%, extending losses to fourth day
WeChat's content, including articles and videos on its popular public accounts page, has opened to external search engines
Embattled property development company remits $83.5 million in coupon payments to a trustee account at Citibank on Thursday