China

Markets

Beijing unlikely to save Evergrande, report says

Evergrande, the massive Chinese real estate developer that rattled the US market on Monday after reports that it is struggling to avoid defaulting on $89 billion in debt, is unlikely to benefit from a Beijing bailout, according to a report.

Economy

Trump sanctions on Iran decimated regime's global trade: report

Trump administration sanctions on Iran decimated the hardline regime's trade with the world's largest economies, knocking it from $46 billion in 2019 to $28 billion in 2020, according to a non-public report sent by the Biden administration to Congress earlier this month.

Lifestyle

TikTok maker caps screen time for youths in China

In the latest move to curb screen time for younger Chinese users, ByteDance Ltd., the maker of the hit short-video mobile app TikTok, said that it would restrict access to Douyin, the Chinese version of the app, to 40 minutes a day for users under 14 years old.

Technology

TikTok maker caps screen time for youths in China

In the latest move to curb screen time for younger Chinese users, ByteDance Ltd., the maker of the hit short-video mobile app TikTok, said that it would restrict access to Douyin, the Chinese version of the app, to 40 minutes a day for users under 14 years old.

Economy

China’s economic recovery stalls as COVID-19 continues

Growth across a range of Chinese economic indicators pulled back sharply in August, as a new outbreak of the COVID-19 delta variant and tighter government regulations on the property market hit consumer spending and the housing sector.

Financials

BlackRock’s China blunder

President Xi Jinping's "Common Prosperity" program puts foreign investors in danger, seeking to reduce inequality by distributing the rich's wealth to the general population.