Hints and tips:
...Evergrande founder Hui Ka Yan in 2012 built one of the world’s largest residential football academies in Qingyuan in southern China’s Guangdong province with the help of coaches from Spanish club Real Madrid...
...Ma remains mostly out of public view and spends some of his time in Japan, while Bao has not been seen since February....
...The Chinese Communist party sees her as the architect of separatist policies since 1999, when Taiwan’s then-president Lee Teng-hui described ties with Beijing as “special state-to-state relations”....
...The book’s privately owned publisher, Dookbook, and its state-owned publisher, Wen Hui Publishing, did not respond to requests for comment....
...Assistant commerce minister Chen Chunjiang said China had put foreign investment in a “more important position” and aimed to build more sustainable expectations for business....
...Namely: homemade xiao long bao and shengjian bao, claypot rice flecked with wind-dried sausages and Chinese bacon, a trio of Cantonese roast meats (cha siu, duck and siu yuk), crab leg congee, lobster egg...
...Evergrande revealed last week that Ding Yumei, the wife of founder Hui Ka Yan, had bought $3m of the company’s investment products in a show of support....
...But the fate of the property company, which is attempting to pick up the pieces after defaulting on its debt, has ricocheted through Hui’s empire....
...The Beijing-based artist Tao Hui, represented by Hong Kong’s Kiang Malingue, is concerned with how our memories have been colonised by screen culture....
...Even Hong Kong tycoon Joseph Lau, a longstanding Hui ally, has been offloading his company’s stake in Evergrande. “Now, he’s a friend nobody wants to have,” Chen said....
...Original shareholders including Hui Ka Yan will be wiped out. “This is how Beijing has managed highly indebted companies over the past three to four years,” Chen added....
...As HNA’s restructuring was wrapped up earlier this year, the conglomerate’s top two executives — Chen Feng and Adam Tan — were arrested....
...Evergrande has not said if Hui would use the proceeds to help pay down its debts....
...Hui is under pressure to avoid breaching Beijing’s “three red lines” rules on the amount of debt developers are permitted to hold....
...“We have noticed that there’s a vulnerability in the current legal system that needs to be patched,” Investment Commission spokesperson Lu Chen-hui told Nikkei Asia....
...Then comes the main dish: chicken nuggets, served with maple waffles and a Chinese-style bao bun....
...Migo’s investors include Singaporean state investment fund Temasek and YouTube co-founder Steve Chen....
...Evergrande has benefited from decades of urbanisation in China, which made its chair Hui Ka Yan the country’s richest man and also led to its liabilities ballooning....
...“Liu He is so powerful,” said Chen Long at Plenum, a Beijing-based consultancy. “I don’t think any single person will inherit all of his portfolios.”...
...“There are different lines of thought within the regulators,” Mr Chen says. “Until Jack Ma’s speech the pro-growth people had the upper hand....
...Lee Teng-hui, who became Taiwan’s first democratically elected president in 1996 as China launched missiles into the seas around the island, has died at the age of 97....
...But most banks have mainly dealt in mortgages and business loans, situations in which borrowers have collateral, said Chen Long, a Beijing-based partner at Plenum, a consultancy....
...After months of keeping his head down, he has made a lot of enemies,” said Chen Zhiwu, a finance professor at the University of Hong Kong....
...“The owners here are very brave,” says Stephen Chen, 50, a history teacher buying a copy of Stefan Zweig’s Encounters and Destinies: A Farewell to Europe....
...“Valuations are a lot more reasonable now,” said Zhao Chen, managing partner at start-up accelerator Plug and Play China. “It's a good time to find strong teams who can power through this period.”...
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