Hints and tips:
...Additional reporting by Thomas Hale...
...confidence, entrenched deflation, a real estate meltdown and swooning financial markets ought to be a clarion call for policymakers to act decisively and soon,” said Eswar Prasad, professor of economics at Cornell...
...is now at serious risk of sliding into a deflationary episode that could spark a self-reinforcing downward spiral in growth and private sector confidence,” said Eswar Prasad, a China finance expert at Cornell...
...Riester said the company’s local R&D department — made up of Chinese staff — had gained an edge over the German headquarters in the field of electric vehicles, where China is now the world’s leading producer...
...The writer is assistant professor of history at Cornell University and author of ‘The Economic Weapon: the rise of sanctions as a tool of modern war’ The western campaign of economic pressure against Russia...
...“It’s not recovered from last year,” said one shop assistant at Toys R Us, blaming a lack of tourists....
...disruptions from the protracted zero-Covid policy and its abrupt reversal likely to give way to a resurgence of at least moderate growth by Chinese standards,” said Eswar Prasad, a China finance expert at Cornell...
...This is why we also do this R&D,” he said. “Because if we first talk to Germany to develop things, it takes too long.”...
...That idea might be supported by the data showing that growth was strong in areas like R&D, legal, advertising and market research, but there were falls in architectural, engineering, scientific and other...
...Elaine Moore Sarah Gilbert is a researcher at Cornell University, and she’s also one of the moderators of a subreddit called r/AskHistorians....
...PwC has resigned from the audits of developers Hopson Development, Shimao and Guangzhou R&F in recent months, stoking fears of an auditor exodus from the industry as groups face payments on their debts and...
...R&F is developing four London projects collectively worth about £2bn through its subsidiary R&F Properties....
...At one point, they had the largest collection of Klees, and the second-largest collection of Kandinskys after Solomon R Guggenheim....
...Last week Guangzhou R&F, another developer, was placed in restrictive default by Fitch after extending maturities on its debts. Defaults are expected to continue this year....
...Eswar Prasad, a China finance expert at Cornell University, said the Politburo statement and simultaneous measures by the central bank to boost liquidity in the banking sector signalled Beijing’s intention...
...Aside from Evergrande, Guangzhou R&F has been one of the developers to come under the most scrutiny....
...Eswar Prasad, a China finance expert at Cornell University, said that this and other signals indicated the Xi administration’s “determination, at least so far, to avoid invoking its traditional playbook...
...R&F Properties, a subsidiary of Guangzhou R&F, and Hong Kong-listed developer CC Land that also owns the “Cheesegrater” tower, paid close to £500m in 2017 for a site in Nine Elms, south-west London, which...
...The bonds of Guangzhou R&F, another Chinese property developer, edged lower in Shanghai on Tuesday to about 60 per cent of their face value, following falls of more than 20 per cent a day earlier....
...This year it completed the $1.1bn purchase of a 70 per cent stake in a logistics park in south China developed by Guangzhou R&F, a real estate developer that this week came under severe pressure in bond...
...A sell-off in its bonds soon spread to other heavily leveraged developers, including Fantasia and Guangzhou R&F, whose bonds have fallen sharply in recent days....
...A frantic sell-off surrounding Evergrande’s debt and equity has shown signs of spreading to other developers, including Guangzhou R&F and Fantasia Group....
...Guangzhou R&F was downgraded by Moody’s on Friday over concerns it would have a tougher time issuing debt to settle old obligations, a process known as refinancing....
...Fears over refinancing have hit other developers with dollar debts, including Fantasia Group, which was downgraded last week, and Guangzhou R & F....
...Reporting by Thomas Hale in Hong Kong, Sun Yu in Beijing and Wang Xueqiao in Shanghai...
International Edition