21 Jul, 2024
2 mins read

Evergrande, China’s Real Estate Giant, Seeks Bankruptcy

Thursday in New York, China’s Evergrande Group, once the country’s second-largest property developer, filed for bankruptcy. The troubled company borrowed extensively and defaulted on its debt in 2021, triggering an immense property crisis in China’s economy, which is still being felt. Evergrande filed for Chapter 15 protection from bankruptcy, which authorizes a US bankruptcy court […]

2 mins read

From COVID to MPOX: China Battles a New Crisis as Cases Surge

Even though cases of mpox continue to decline in the United States and Europe, the number of infections in China is consistently increasing. 117 cases were confirmed in China during the week ending July 21, based on data from the World Health Organization. 315 cases were reported among the time period ending May 5 and […]