On May 12, one of China’s largest property developers, Sunac China Holdings, admitted that it had defaulted on a $750 million bond. Sunac Holdings is…
Posts tagged as “State-owned enterprises”
It is not that Europe and the US were unaware of China’s development throughout the 20th century. Waking up in 2020 to China running neck…
Labels are important identifiers that assure that the recipient gets what has been asked or paid for. After all, if the label on the jar…
The most distinctive aspect of China’s “socialist market economy” is that it relies on a precisely set and regularly reviewed strategy. Defined in its plans…
China showcases its own brand of authoritarian capitalism
Shortly before entering the Golden Week celebrations of the PRC’s 70th anniversary, Chinese provincial authorities flexed their muscle by dispatching officials to close to 100…