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...
...Low salaries add to pressure on doctors, said Jin Dong-yan, a virologist at the University of Hong Kong....
...Golden Age by Wang Xiaobo, translated by Yan Yan, Penguin Classics £18.99, 272 pages Join our online book group on Facebook at FT Books Café...
...But for Beijing, CBAM is an example of green protectionism, says Yan Qin, a carbon analyst at London Stock Exchange Group....
...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....
...here in Guangzhou to see whether it works . . . whether even if they do less mass testing and don’t execute the really stringent lockdowns, whether Covid could still be put under control,” said Jin Dong-yan...
...“Lenders dislike prepayments,” said Yan. “If prepayment surges too much, they’ll fail to achieve the annual lending target set by regulators.”...
...“Being a loyal ally to Xi should not be considered a sin,” argues Chen Long at Plenum, a Beijing-based consultancy....
...Helen Chen, greater China managing partner at LEK Consulting in Shanghai, noted that the “government’s vaccination push has waned as resources shifted to manage outbreaks”....
...“Match-fixing will not drive progress in Chinese football,” Caixin quoted Chinese Football Association president Chen Xuyuan as saying in wake of the scandal. “This phenomenon cannot be tolerated.”...
...“It may take a while for deaths to come through the system,” Chen said....
...Striding into the ballroom of one of his company’s hotels, glad-handing football stars and pouring champagne into a tower of flutes, Evergrande boss Hui Ka Yan was riding high....
...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....
...Karen Chen, a US figure skater who stumbled through her own routine on Thursday to finish 16th, said: “I’ve been pretty fatigued from everything skating-related and not-skating related.”...
...The People’s Bank of China reiterated its criticism of Hui Ka Yan for Evergrande’s woes again in October and early December....
...“The real estate sector is likely to continue to be a major drag on growth as regulation stifles housing sales and new property investment,” said Xingdong Chen, chief China economist at BNP Paribas....
...The latest uptick in shares followed a statement by Hui Ka Yan, Evergrande’s founder and chair, to the Hong Kong stock exchange on Tuesday night, in which he sought to address “recent increases in the price...
...The Bureau of Past Managementby Iris Hanika, translated by Abigail Wender, V&Q Books £12.99 Hans Frambach works at the Berlin bureau that gives the novel its title, whose mission is to help the country...
...Uhh: 25) Delta One ($1mn for 1.25 per cent) Q: What is Delta One? A: “Delta One is a non-custodial protocol for liquidity provisioning and staking strategies....
...Yan Lianke, one of China’s most widely celebrated writers, has often said that realism alone cannot capture modern China: “There are things that happen in this country that you couldn’t dream up.”...
...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....
...Jordan Schneider on the excellent ChinaTalk podcast has a fascinating chat with Yan Zheng at In-Q-Tel, which invests in start-ups for the CIA and the rest of the US intelligence community....
...Yan SwiderskiGood money after bad Did you know it’s “Good Money Week”? No, me neither....
...Ms Chen, an employee at a leading fintech firm who asked not to use her full name, said the key was to “always be ahead of regulations”....
...The latest round is being led by Chen Yixin, secretary-general of the Politics and Legal Affairs Commission....
International Edition