Page 410 - China
China widens property-tax trials with levy on residential property owners
The plan, approved by the National People's Congress Standing Committee, China's top legislative body, is designed to guide rational property buying and will last for five years
 "China widens property-tax trials with levy on residential property owners")
China Evergrande resumes work on more than 10 projects in different cities
China Evergrande Group said on Sunday it had resumed work on the projects in Shenzhen, Dongguan and other cities
 "China Evergrande resumes work on more than 10 projects in different cities")
China targets more than 80% non-fossil energy use by 2060
The measures are part of China's larger plan for achieving peak carbon emissions and reaching net-zero by 2060
 "China targets more than 80% non-fossil energy use by 2060")
China's Health Commission anticipates surge in Coronavirus cases
The official also urged the public to take the booster shots of the Covid-19 vaccines to reduce the risks of the resurgence of cases, reported Global Times
 "China's Health Commission anticipates surge in Coronavirus cases")
Sanctioning new China border battalions for ITBP in final stage: Nityanand
The process to authorise new battalions for ITBP, guarding LAC is in last stage and the government is determined to provide transport and logistical support to forces, Union Minister Nityanand Rai
 "Sanctioning new China border battalions for ITBP in final stage: Nityanand")
China's ambitions pose 'omnipresent danger' to South Asia's stability: CDS
China is making "huge" inroads in South Asia: Gen Rawat
 "China's ambitions pose 'omnipresent danger' to South Asia's stability: CDS")
N Korea slams US for supporting Taiwan in nod to ally China
North Korea on Saturday accused the Biden administration of raising military tensions with China
 "N Korea slams US for supporting Taiwan in nod to ally China")
US President Joe Biden says would defend Taiwan from attack by China
Biden answered "yes" when asked during a CNN town hall Thursday whether he could pledge to protect Taiwan.
 "US President Joe Biden says would defend Taiwan from attack by China")
Evergrande staves off default, pays overdue dollar bond interest
Next interest payment deadline comes due in a week's time
 "Evergrande staves off default, pays overdue dollar bond interest")
China's zero-Covid policy under stress amid recurring virus spikes
Beijing has been reporting stray cases since Tuesday this week, ending the zero-case record for over two months.
 "China's zero-Covid policy under stress amid recurring virus spikes")
US intel warns China could dominate advanced technologies
The warnings include a renewed effort to inform business executives, academics and local and state government officials about the risks of accepting Chinese investment or expertise in key industries
 "US intel warns China could dominate advanced technologies")
Copper price rebounds as global energy crisis keeps roiling the market
Power shortages are forcing output cuts from China to Europe
 "Copper price rebounds as global energy crisis keeps roiling the market")
Apple's talks with Chinese battery makers CATL, BYD mostly stalled: Report
Apple Inc's talks with China's CATL and BYD over battery supplies for its planned electric vehicle have been mostly stalled after they refused to set up teams
 "Apple's talks with Chinese battery makers CATL, BYD mostly stalled: Report")
Struggling Chinese developer Evergrande makes bond payment: Report
Evergrande Group's struggle to reduce its 2 trillion yuan (USD 310 billion) of debt to comply with tighter official curbs on borrowing has prompted fears a default might trigger a financial crisis.
 "Struggling Chinese developer Evergrande makes bond payment: Report")
China vows no concessions on Taiwan after Joe Biden comments
China on Friday said there is no room for compromise or concessions over the issue of Taiwan, following a comment by Joe Biden that the US is committed to defending the island if it is attacked
US seizes made-in-China toys, popular in India, for dangerous chemicals
A consignment of made-in-China toys, which are highly popular among children in India, has been seized in the US
 "US seizes made-in-China toys, popular in India, for dangerous chemicals")
China's 'Lipstick Brother' livestream logs $2 billion in a day
Li, who earned his nickname by trying on various makeup products on his show, pre-sold 12 billion yuan in products ranging from Shiseido lotions to Apple AirPods
 "China's 'Lipstick Brother' livestream logs $2 billion in a day")
India's trade deficit with China widening continuously: Foreign secretary
With a deficit at $47 billion in the first nine months of this year, it the largest deficit India has with any country
 "India's trade deficit with China widening continuously: Foreign secretary")
Explained: What lies beneath? Hidden debt fears feed China's property woes
Private bonds issued by shell companies in offshore locations have emerged as a new concern.
Global shares decline after Evergrande sale deal called off
Global shares were mostly lower Thursday, after major Chinese property developer Evergrande said a plan to sell its property management arm to a smaller rival had fallen through. France's CAC 40 shed 0.4% in early trading to 6,679.78, while Germany's DAX fell 0.2% to 15,498.69. Britain's FTSE 100 dipped 0.4% to 7,198.09. US shares were set to drift lower with Dow futures down 0.3% at 35,375.00. S&P 500 futures slipped 0.3% to 4,516.75. China Evergrande Group's shares tumbled 12.5% while shares in Evergrande Property Services slipped 8%. In a notice to the Hong Kong exchange Evergrande said it was having difficulties selling off assets to resolve its cash crunch. Hopson Development Holdings' shares rose 12.4% after it said was unable to complete the purchase. Trading of shares in all three companies was suspended pending a resolution of the transaction. Hong Kong's Hang Seng index lost 0.5% to 26,017.53, while the Shanghai Composite index gained 0.2% to 3,594.78. Some verbal ...