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Added on the 01/12/2021 15:54:33 - Copyright : Euronews EN
The Asian Infrastructure Investment Bank, an international financial institution proposed by China, is largely seen as China’s answer to the International Monetary Fund, the World Bank and the Japanese-dominated Asian Development Bank.
US Secretary of State Antony Blinken says he will not meet his Russian or Chinese counterparts at this week's G20 meeting in New Delhi, accusing Moscow of not being serious about ending the war in Ukraine. "We all know the simple truth" he says, "the war could end tomorrow, it could end today if President Putin so decided." SOUNDBITE
Beijing, Oct 7 (EFE/EPA).- The shares of Chinese Estates, an investment company specializing in properties and major shareholder of indebted Chinese real estate giant Evergrande, soared Thursday after announcing an offer that would delist it from the Hong Kong Stock Exchange.At 1:00 p.m. local time (05:00 GMT), each Chinese Estates stock had risen by almost 32 percent. Since the beginning of the year, the value of Evergrande securities listed in Hong Kong has fallen almost 80 percent due to its problems to face the more than $ 300 billion of debt it accumulates and its possible interest default of various 'offshore' bond packages. This will not be made official until 30 days from the expiration date.The group's shares stopped listing Monday due to possible plans, revealed by the official Chinese press of the Cantonese developer Hopson Development to buy 51 percent of the real estate management subsidiary of Evergrande for about $ 5.14 billion.Monday’s revelation of Evergrande’s situation possibly affecting other important players in China’s real estate market led developers such as Fantasia Holdings to announce it had not been able to meet $ 205.7 million payments of some bonds that matured that day. (Camera: ROMAN PILIPEY). SHOT LIST: A SIGN OF FANTASIA HOLDINGS GROUP PROPERTY DEVELOPER, IN BEIJING, CHINA.
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, Sep 23 (EFE/EPA).-Property investment company Chinese Estates, one of the main shareholders of the Chinese developer Evergrande Group, announced on Thursday its plans to divest its stake in the company due to its serious financial situation.In a statement sent to the Hong Kong Stock Exchange, where it is listed, Chinese Estates said that its directors are "concerned" about the recent developments of the Evergrande Group and the "possible consequences" in the event that the remedial measures it has announced "could not be effectively implemented." (Camera: WU HONG).B-ROLL OF EVERGRANDE ROYAL SCENERY HOUSING COMPLEX IN BEIJING, 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.
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