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shares in evergrande, the world s most indebted property firm with liabilities of $328 billion, fell a further 13% on tuesday. the day before more than $2 billion was wiped off evergrande s market value when it resumed trading for the first time in almost 18 months. now, another property developer, country garden, is causing concern. let s get more on this with our asia business reporter monica miller. tell us more about country garden? it tell us more about country garden? , tell us more about country garden? tell us more about country garden? , ., , garden? it is china s largest ro -e garden? it is china s largest property developer - garden? it is china s largest property developer by - garden? it is china s largest property developer by sales| property developer by sales volumes until this year, like so many chinese real estate businesses it has been hurt by weak property sales. you have to take into consideration the value of homes has plunged as the world s second larg ....
always a pleasure to see you. this is a company that almost collapsed two years ago. why is it filing for bankruptcy in the united states? i think it is a legal move. the debt restructuring talks were already going on with hong kong, cayman islands, word has holding companies. the advantage for evergrande to file for bankruptcy in america is a gives it some protection against us creditors for the duration of that court process. i5 creditors for the duration of that court process- court process. is there a lot of exoosure court process. is there a lot of exoosure for court process. is there a lot of exposure for foreign court process. is there a lot of. exposure for foreign companies court process. is there a lot of- exposure for foreign companies here? i think there is a certain amount of exposure. there are enormous amounts of debts, large amounts of the offshore bonds have lost their value and i believe many of the less risk taking investors already sold their ....
messaging from beijing. it clearly signals that china is prepared to push back against any action that would be taken by the united states. it is hardly the rolling out the red carpet but i do want to point out that the value in this dialogue is that the two countries are actually meeting and that we will see more continued dialogue from the two sides. ., , , ~ continued dialogue from the two sides. ., i, ~ continued dialogue from the two sides. ., , , ~ , sides. anthony blinker was ust there last month i sides. anthony blinker was ust there last month and it i sides. anthony blinker was just there last month and it cannot| there last month and it cannot be a bad thing that they are now talking about. despite the tensions, trade has been growing so they both need each other. . . , growing so they both need each other. . ., , ., , other. china really does need the united other. china really does need the united states other. china really does need the united s ....
he master minded a rebellion, then disappeared from sight. now, new details emerge on the whereabouts of wagner boss welcome to world news america. it was the uprising that captured the world s attention and left more questions than answers, when it comes to russia s war in ukraine. the latest twist has involved the whereabouts of yev geny prigozhin, the head of the wagner group of yevgeny prigozhin, the head of the wagner group who led the rebellion. today the leader of belarus said he s in russia, and not in belarus as many had understood. alexander lukashenko made that comment to a very small gathering ofjournalists. one of them was our own steve rosenberg, and he has this report. was supposed to move here to belarus with some of his fighters but no sign brokered the agreement that ended the mutiny, so we are told. sign under a deal with the kremlin, wagner mercenary yevgeny prigozhin was supposed to move here to belarus with some of his fighters. but no sign yet. trans ....
together with its partners if necessary. these key metals are important research for automotive parts and pay a role in future autonomous cars. these two metals are also crucial to make semiconductors. taiwan s tsmc, the world s largest contract chip maker says it doesn t expect any direct impact on its production. despite the statement, the shares plunged almost 3% in trading in taiwan, over concerns of growing tensions, and the us secretary s visit to beijing. a top chinese trade adviser says that this is just the start, sending a not so subtle message to the americans just before the counterparts are sat down face to face in beijing for the first time since the covid pandemic. the visit by secretary yellen also comes at a time when the chinese economy looks to revitalise. that experience supposed covid rebound in the first quarter of the year the latest data has shown signs of stephen mcdonald reports. street food seen in china appears to show an economy rebounding s ....