The Chinese corporate bond market is being tested.
Credit: Pier Marco Tacca - Inter/FC Internazionale via Getty Images
Last year, the creditors of the world’s most-indebted real estate developer, Evergrande, gathered for a signing ceremony in Beijing where they agreed not to force the company to pay them their debt. A photo from the event shows Zhang Jindong, a Chinese tycoon and then-chairman of Nanjing-based retail giant Suning, standing next to his longtime friend, Evergrande’s chairman Xu Jiayin, and clapping unenthusiastically.
That day, Zhang helped his friend avoid a near-term cash crunch by waivin
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A former Google software engineer has been convicted of trade secrets theft and economic espionage in connection with his efforts to launch a start-up in his native China. The Wire China sat in on Ding Linwei’s trial in San Francisco.
The world's biggest battery manufacturer is pushing the limits of battery tech and supplies carmakers around the world — but a path further into the U.S. is far from certain.
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