worries – Charm – Daily News

China pledges to spend as US plans cuts, cross- strait conundrum: SCMP daily highlights

Cs news4 months ago02 mins

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. China pledges to spend more an hour before Donald Trump promises to cut back Two starkly divergent views of the future were laid out on opposite sides of the…

New World’s $872m loss warning fans Hong Kong property worries

Cs news4 months ago01 mins

HONG KONG — New World Development, one of Hong Kong’s major family-owned real estate conglomerates, has warned of another deep loss, widening concerns over the state of the city’s property market. The company controlled by the Cheng family announced late Friday night that its net loss for the six months through December will reach up…