China’s $8.5 Trillion shadow banking is fully revived

The Evergrande Group filed for bankruptcy in order to safeguard its assets within the US. Many developers have been facing similar issues in China's expansive property industry.

Shares in Chinese real-estate company Evergrande have plunged after it resumed trading following a 17-month suspension. The big drop highlights China's current problems in the property sector.

The typhoon is headed toward the southeastern coastline and expected to hit Hong Kong, among other areas in the nearby Guangzhou province. Saola had already passed south of Taiwan, after lashing the Philippines.

On 17 August 2023, popular protests over the high inflation rate and deteriorating economic situation in Syria erupted in the Druze majority city of Al-Suwayda, with hundreds of participants. These grew, and by 20 August, thousands of protesters chanted slogans demanding the downfall of Assad regime.

Officials said Soaloa could be the strongest typhoon to make landfall in the region encompassing Hong Kong and other major cities since the founding of the current Chinese state.

The International Motor Show, IAA, is set to begin in Munich next week. Rebranded as a mobility show, the IAA will see a strong effort by Chinese automakers to make a splash in Europe's nascent electric vehicle market.

German Chancellor Olaf Scholz's government has seen its lowest approval ratings since coming to power in 2021. The far-right continues to see a surge in support.

Elderly influencers are going viral on Chinese social media. Some of them are urbanites posting about fashion and lifestyle, but others simply document their life in rural areas.

In a renewed attempt to broker peace, Colombia's leftist President Petro agreed on a ceasefire with an armed dissident group. The EMC is a splinter group that rejected the 2016 deal broadly honored by the larger FARC.

Chinese shopping app Temu has taken the world by storm, luring customers with rock-bottom prices for goods sent directly from China. But is the app a security risk? Do bargain hunters even care? DW takes a closer look.

Prime Minister Narendra Modi's government has extensively revised secondary school curricula, removing all mention of the country's Mughal and Muslim history, which spanned some six centuries, as well as the identity of the assassin of Mahatma Gandhi and even Charles Darwin's theory of evolution.

President Xi Jinping appears unlikely to attend the upcoming G20 summit in India. Bilateral relations with New Delhi have grown frosty, while Beijing also faces pressure over human rights and Russia's war in Ukraine.