Evergrande Shares Plunge 80 Percent on Hong Kong Exchange | China In Focus
The world’s most indebted real estate developer sees a new development. What’s happening now, after Evergrande tried to recoup some losses? And how could it impact the global economy? A Beijing hawk in the Biden administration, Commerce Secretary Gina Raimondo kicks off her visit to China. What are the dynamics? American multinational giant 3M is facing a staggering $6.5 million fine over its lavish "business trips" that reportedly covered up secret bribes to Chinese officials. Detained in China and in need of major surgery, an Australian citizen says he fears for his life, while awaiting a trial verdict delayed ten times over more than four years.