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Evergrande, the embattled Chinese property developer, has defaulted on its debt, according to Fitch Ratings.
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Evergrande, the embattled Chinese property developer, has defaulted on its debt, according to Fitch Ratings.
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Fitch said the developer did not respond to its request for confirmation on coupon payments worth $82.5 million that were due last month, with the 30-day grace period ending this week, and so assumed "they were not paid."
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Propaganda and high-tech weapons of suppression are used in the U.S. to obscure the rise of Technocracy-based authoritarianism. As the world's first and largest model of Technocracy, China is guiding the narrative every step of the way.
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China -- Hegemon USA finds new and repeats old ways to humiliate itself on the world stage.
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Financial institutions and developers around the world were on alert after Evergrande warned it will not be able to pay back its debts.
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Investors and journalists have been openly questioning whether Apple CEO Tim Cook, once praised for his deep-rooted connections within the CCP, has allowed his relationships in China to sour...
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Having sold its Gulfstream Jets, dumped assets (at fire-sale prices), and seen its CEO forced to pledge his Hong Kong mansion as collateral for a loan, it appears - as we warned yesterday - that time is up for Evergrande bond (and stock) holders.
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Richard Feynman & The Length of the Nose of the Emperor of China
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The space rivalry between the U.S. and China is suddenly heating up after a top Chinese scientist said his nation may be able to send astronauts to the moon for the first time by 2030.
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US intelligence believes that China is set to establish its first ever permanent naval installation on the Atlantic Ocean. On Sunday The Wall Street Journal revealed key findings of a series of classified intelligence reports that point to China's mi
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Alarmed officials at the White House and Pentagon urge Equatorial Guinea to rebuff Beijing's overtures
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What a joke. This is not about promoting democracy. It's really about undermining democracy worldwide with US interventionist foreign policy.
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It's clear the Sino-Russian entente is expanding under the pressure of US threats to both. Nothing will happen on either Taiwan or Ukraine without coordination between Beijing and Moscow.
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The electric automaker explains that it can't get the critical material from any other sources.
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New render images and details have emerged on our favorite Chinese "I can't believe it's not Lilium" eVTOL air taxi project. The Pantuo Pantala Concept H, out of Shanghai, might look like the Lilium, but it promises to hit faster cruise speeds.
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LA County Sheriff Alex Villanueva has notified the LA County Board of Supervisors that LASD will not work with a China-linked genetics firm hired by the county to conduct Covid-19 testing and registration
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Have the Chinese been sitting on the secret cure for COVID this entire time? One could be forgiven for harboring suspicions - especially now that a team of Chinese researchers has purportedly found the human antibody that helps the human body suppres
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"After conducting sufficient assessment, CAAC considers the corrective actions are adequate to address this unsafe condition."
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A month ago we reported that Hong Kong's new pro-China film censorship law could see an eventual ban on Netflix and Amazon and other streaming services.
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China is developing a megawatt nuclear reactor for moon and Mars missions according to the South China Morning Post.
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Two weeks ago marked 80 years since the Congress last issued a declaration of war as required by Article 1, Section 8, Clause 11 of the Constitution:
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China -- On Monday, China's Xi Jinping held a virtual summit with the imposter in the White House, masquerading as detached-from-reality dementia-Joe.
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With the United States no longer active within Afghanistan, have the Chinese stepped in? And if so, why?
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US futures rose and European bourses once again rebounded from overnight lows, this time after concerns that scorching US and Chinese CPI and PPI prints will prompt central banks to tighten much sooner than expected.
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Two months ago Wall Street was quick to conveniently ignore China's property crisis, repeating that not only was the sudden hit to Chinese housing - the world's largest asset class according to Goldman...
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-- Chairman's Mansions Heading into today, the fate of China's insolvent property giant, Evergrande, was once again uncertain, with Reuters reporting earlier today that some bondholders of the cash-strapped company had still not received coupon paym
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China now has the world's largest navy - with another new high-tech aircraft carrier set to be launched by February
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...could drag down real estate sector/HSBC & world financial system
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Summary Space satellites have become strategic assets and therefore valuable military targets.
