You are here

Beijing

OpenCalais Metadata: Latitude: 
39.91
OpenCalais Metadata: Longitude: 
116.4

Beijing Blowback Begins: China Orders Anbang To Sell Its Overseas Assets

Beijing Blowback Begins: China Orders Anbang To Sell Its Overseas Assets

Two weeks ago, when discussing the troubles plaguing one of China's conglomerates and "boldest dealmaker", HNA Group - recently best known for acquiring Anthony Scaramucci's SkyBridge capital in a transaction that has yet to close - we said that what until recently was one of the world's most aggressive roll-ups of varied companies from around the globe, including stakes in Hilton Companies and Deutsche Bank, as well as countless Chinese acquisitions, could very soon become the "reverse roll-up from hell", as the stock price of HNA tumbled, putting the roughly $24 billion in loans that had

"Time Is Running Out" - China Is Planning For A Crisis Along North Korean Border

"Time Is Running Out" - China Is Planning For A Crisis Along North Korean Border

Despite Chinese officials reassurance that "military means shouldn’t be an option," WSJ reports that China has been bolstering defenses along its 880-mile frontier with North Korea and realigning forces in surrounding regions to prepare for a potential crisis across their border, including the possibility of a U.S. military strike.

"It Feels Like An Avalanche": China's Crackdown On Conglomerates Has Sent A "Shock Wave" Across Markets

"It Feels Like An Avalanche": China's Crackdown On Conglomerates Has Sent A "Shock Wave" Across Markets

The first to suffer Beijing's crackdown against China's private merger-crazy conglomerates, wave was the acquisitive "insurance" behemoth, Anbang, whose CEO Wu Xiaohui briefly disappeared as the Politburo made it clear that the "old way" of money laundering - via offshore deals - is no longer tolerated.

Slowdown In China's Tier 1 Housing Market Accelerates; First Beijing Price Drop Since 2015

Slowdown In China's Tier 1 Housing Market Accelerates; First Beijing Price Drop Since 2015

China's overall housing market remained resilient in June according to official NBS data on Tuesday, with the average property price rising 0.7% for the month and 10.2% on an annual basis (fractionally below the 10.4% yoy increase in May) even as the decline in Tier 1 cities accelerated and home prices in Beijing fell for the first time in more than two years, while Shanghai declined further and Shenzhen stalled, pointing to significant cooling in China's biggest real estate markets.

Pages