Evergrande collapse: Hong Kong court orders liquidation of China property giant

Embattled Chinese development company, Evergrande, has been ordered to liquidate by a Hong Kong court after an 18-month long hearing. Evergrande, which holds the ignominious title of the world’s most indebted property developer with about $300bn in liabilities, failed to convince the court that it had a viable restructuring plan, after having been given seven […]

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North Korea, China agree to defend common interests as senior envoys meet

SEOUL (Reuters) -North Korea and China agreed to strengthen tactical cooperation and defend common interests, the North’s official KCNA news agency said on Saturday, reporting on Foreign Minister Choe Son Hui’s meeting with Chinese Vice Foreign Minister Sun Weidong. On Friday, China said the two countries pledged to strengthen strategic communications “at all levels” and […]

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