Tag: Guangdong

China Wants to Move Ahead, but Xi Jinping Is Looking to the Past
World

China Wants to Move Ahead, but Xi Jinping Is Looking to the Past

Dec. 27, 2023 11:00 pm ETListen to article(1 minute)A song called “Tomorrow Will Be Better” became a sensation in mainland China in the 1980s, when the nation was emerging from the poverty and turmoil of Mao Zedong’s rule.Its inspirational lyrics, which exhorted listeners to “look upward for the wings in the sky,” came to represent a generation that was starting to believe in a brighter future.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Country Garden to Make CNY3.07 Billion Disposal to Aid Debt Restructuring
Money

Country Garden to Make CNY3.07 Billion Disposal to Aid Debt Restructuring

Chinese property giant Country Garden will sell a stake in a commercial center operator for about $428 million, using the proceeds to help restructure offshore debt.The indebted developer said Thursday that a group subsidiary will sell its entire 1.79% stake in Zhuhai Wanda Commercial Management Group for 3.07 billion yuan ($428.0 million).Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Country Garden to Make CNY3.07 Billion Disposal to Aid Debt Restructuring
World

Country Garden to Make CNY3.07 Billion Disposal to Aid Debt Restructuring

Chinese property giant Country Garden will sell a stake in a commercial center operator for about $428 million, using the proceeds to help restructure offshore debt.The indebted developer said Thursday that a group subsidiary will sell its entire 1.79% stake in Zhuhai Wanda Commercial Management Group for 3.07 billion yuan ($428.0 million).Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
China Shaken by String of Cancer Cases Tied to Top Oncology Lab
World

China Shaken by String of Cancer Cases Tied to Top Oncology Lab

HONG KONG—An unusual cluster of cancer cases among Chinese researchers affiliated with one of the country’s top oncology laboratories has attracted a wave of public attention, leading to new questions around lab safety. Two surgeons at Sun Yat-Sen Memorial Hospital in the southern city of Guangzhou were diagnosed with cancer in June and October this year, the hospital said Wednesday. Both had previously worked in the hospital’s highly regarded breast-cancer research laboratory. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8