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Investors in Chinese developers have until recently viewed builders that have even minority ownership stakes by state entities as relatively safe, but that calculation has been growing more complicated," writes @lorretta_chan for Bloomberg Markets bloomberg.com/news/articles/…

1/🧵China income data reveal new reality of “Common Prosperity”: - Of 1,400m people, 964m <¥2k/month ($300), 547m < ¥1k ($150), only 70m people pay tax at min taxable income ¥5k/month ($770); - ¥18k p.a. (56th %) x 2.62 pp/Household = ¥47k/HH = $7,255/HH (4th % US HH income).

北京四通桥勇士

上海乌鲁木齐路 最新视频 民众齐声高喊“共产党下台 习近平下台” 马路对面的警察并未阻止

The Corniche is a Hong Kong luxury residential project that was supposed to generate $3.8 billion in sales. Instead, its units aren’t selling and its Chinese developers have a combined $10 billion in debt. Shawna Kwan reports trib.al/YghtVop

Chinese developer Evergrande Group has suspended trading in Hong Kong. The trading suspension comes a day after Bloomberg reported that the billionaire chairman of the beleaguered property developer had been placed under police control trib.al/7OoePSx

中国前总理李克强于周四因心脏病发去世，据中国国家电视台报道，68岁的李克强临近周四午夜时突发心脏病，“经全力抢救无效”。这位中国领导人直到今年年初还在习近平手下工作。cn.nytimes.com/china/20231027…