Cash-Strapped Retailer Gome Struggles to Pay Staff, Plans Debt Restructuring
Money-losing Chinese appliances retailer Gome Retail Holdings Ltd. is struggling to pay staff and is planning to restructure its debt as its short...
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CX Daily: Cash-Strapped Local Governments Turn to Financing Vehicles to Plug Fiscal Shortfalls
In Depth: Cash-strapped local governments turn to financing vehicles to plug fiscal shortfalls. Communist Party elects delegates ahead of 20th...
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Retailer Gome Doubles Down on Brick-And-Mortar Business
Gome Retail Holdings Ltd, one of China’s largest bricks-and-mortar electronics retailers, plans to acquire real estate to develop into shopping...
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CX Daily: Sichuan Power Crunch Sparks Calls for Rethink of Coal in China’s Energy Mix
Cover Story: Sichuan power crunch sparks calls for rethink of coal in China’s energy mix. Suspects arrested as Hong Kong police crack down on cross...
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