Sunday, September 26, 2021

Asia News

Asia is Earth's largest and most populous continent, located primarily in the Eastern and Northern Hemispheres. It shares the continental landmass of Eurasia with the continent of Europe and the continental landmass of Afro-Eurasia with both Europe and Africa.

Can Evergrande Pay Their Debt to Avoid Bankruptcy?

Attention is focusing on whether Evergrande, China's largest private real estate developer with debt of 1.95 trillion yuan, will meet the bond payment deadline on the 23rd. The maturity of $83.5 million worth of five-year bonds issued by Evergrande will...

china technology

China Has Too Many  Electric Car Manufacturers 

The Ministry of Industry and Information Technology says China's electric vehicle makers are too many and the government will push for consolidation to strengthen business. "The number of new energy vehicle makers are too large, and this industry is full...

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