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Added on the 18/06/2018 11:49:28 - Copyright : Wochit
Shanghai, Sep 29 (EFE/EPA).- Chinese real estate giant Evergrande on Wednesday announced it would sell a 19.93 percent stake in commercial Shengjing Bank to a state-owned conglomerate for 9.99 billion yuan ($1.55 billion).After the transaction, its stake in Shengjing Bank will drop from 34.5 percent to 14.57 percent, Evergrande said in a statement sent to the Hong Kong Stock Exchange.Evergrande will transfer 1.75 billion non-publicly traded domestic shares to the buyer at a unit price of 5.7 yuan. (Camera: ARCHIVE). ARCHIVE FOOTAGE OF THE EVERGRANDE CENTER IN SHANGHAI, CHINA.
Beijing, May 11 (EFE/EPA).- China's population grew by 5.38 percent in the last 10 years to reach 1.4 billion inhabitants, the National Bureau of Statistics announced on Tuesday.The total number of inhabitants, according to the 2020 census, the first since 2010, is 1.4 billion against the 1.3 billion recorded in the 2010 census.The latest census reflects an average annual growth of 0.53 percent in the last decade compared to 0.57 percent in the 2000-2010 period and 1.07 percent between 1990 and 2000. (Camera: WU HONG).B-ROLL OF CHILDREN IN BEIJING, CHINA.
Business Insider reports Norwegian deputy central bank governor Jon Nicolaisen resigned on Friday. Nicolaisen was in charge of Norway's $1.2 trillion sovereign wealth fund, the biggest in the world. He stepped down after Norway's security service rejected his security clearance because his wife is Chinese and lives in China. The pair have been married for ten years, but Norway has become stricter on ties to China and Russia in recent years. Norway's intelligence service says the two countries are trying to find out information about Norway's petroleum industry.
Hollis Johnson/Business Insider On Friday, McDonald's filed a motion to dismiss a $1 billion racial-discrimination case filed by Black former franchisees. McDonald's legal counsel, former US attorney general Loretta Lynch, said in a statement that "there are legal deficiencies in the complaint that merit dismissal at this early stage." Black former franchisees sued McDonald's in late August, alleging they were forced to close or sell more than 200 locations due to "systematic and covert racial discrimination" at the fast-food giant.
US President Donald Trump confirms latest China tariffs set for Sunday are still "on". He was speaking to reporters as he left the South Lawn of the White House for Camp David. SOUNDBITE
China's foreign minister Wang Yi says Beijing and Moscow have created a "new paradigm" for great power relations, as Russia's invasion of neighbouring Ukraine enters its third year. SOUNDBITE