China Evergrande Group: Evergrande s story also reveals the inner workings of a Chinese property giant, from the heady days of rocketing real-estate prices to the precipitous decline of the company when incensed retail investors stormed its offices.
(Bloomberg) Chinese state-run media outlets are adding credence to speculation that an executive who helps wealthy families move their money to the US was among those detained last week for illegal currency trading, as President Xi Jinping’s government moves to prevent capital outflows in the face of economic woes. Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeOut of Options
(Bloomberg) Chinese state-run media outlets are adding credence to speculation that an executive who helps wealthy families move their money to the US was among those detained last week for illegal currency trading, as President Xi Jinping’s government moves to prevent capital outflows in the face of economic woes. Most Read from BloombergOutsider Milei Upends Argentina’s Election With Primary WinAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaZuckerberg Says ‘Time to Move On’
China News: Chinese state-run media outlets are giving weight to rumours that a Shanghai-based immigration executive who helps wealthy Chinese move their money to