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HAMBURG: China Ocean Shipping Company (Cosco) occupies a prime waterfront location in Hamburg. The Chinese marine transportation giant’s European headquarters sit between a historic red-brick warehouse complex and the glass and steel of the redeveloped harbour area.
HONG KONG: Growing worries about defaults at Chinese property developers sapped investor sentiment on Tuesday, amid fresh credit rating downgrades and uncertainty about the fate of China Evergrande Group as it scrambles to raise cash by selling assets.
HONG KONG: Distressed developer China Evergrande will sell a half-stake in its property management unit to Hopson Development for more than $5 billion, Chinese media said on Monday, after both Evergrande and Hopson requested trading halts ahead of a major transaction.
SOVEREIGN wealth funds (SWFs) remain keen on China, despite regulatory crackdowns, planning standalone investment strategies and piling into venture capital and real estate, according to data and analysts.
SHANGHAI: The Meishan terminal at China’s second-busiest port reopened yesterday following a two-week shutdown that further snarled already stressed shipping routes in Asia.
BEIJING/HONG KONG (Reuters) - Ride-hailing giant Didi Global Inc said a regulatory order that its app be removed from app stores in China could hurt revenue, while other newly US-listed Chinese firms also found themselves the subject of cybersecurity investigations.
SPECTRUM auction has been the most popular approach by governments across the world in dishing out radio airwaves.