China’s foreign-policy apparatus is again facing questions about succession after the reported questioning of a top figure who had been widely viewed as the nation’s next foreign minister https://t.co/NqC1SKNhFF ...

China’s foreign-policy apparatus is again facing questions about succession after the reported questioning of a top figure who had been widely viewed as the nation’s next foreign minister https://t.co/gn3YoEaA3l ...

The question of succession looms larger than ever in Iran, with those inside and outside the regime jostling for position https://t.co/yb7rofmCEI ...

At first, it looks like a typical scene of North Korean propaganda. The country's leader, Kim Jong-un, greeted by wild applause. Some weeping as he kneels by the coffins of North Korean troops killed fighting alongside Russia against Ukraine.But look a little closer. You'll notice the teenage girl at his side. Her name is Kim Ju.She's the daughter of the dictator. And according to South Korean intelligence, she's likely being groomed to one day become the first female ruler of North Korea. Ever since the co ...

The 14th Dalai Lama, spiritual leader of the Tibetans, has confirmed that the institution of the Dalai Lama will continue and that a successor will be named https://t.co/Dfa7gqT7Jp ...

Company Crisis and Succession - New World Development faces a crisis due to delayed bond payments and succession issues, marked by two CEO changes in recent months [2] - Adrian Cheng's stepping down as CEO was unexpected, raising questions about his role as the heir apparent in the family business [3][13] - Adrian Cheng's investments, initially praised, are now viewed as overextending New World, leading to the company's first losses in two decades [14] - Other siblings, particularly Sonia Cheng, are taking on key roles, managing the family's jewelry empire and hospitality ventures [15] Financial Performance and Debt - New World is working to refinance approximately $11 billion of debt amidst China's ongoing property crisis [4] - The company's debt reached 95% of its equity by the end of 2024, surpassing its competitors [12] - Expansion plans dating back to 2017 and 2018 are seen as contributing to the company's heavy debt [12] Market and Economic Factors - Protests in Hong Kong starting in March 2019 and the subsequent national security law impacted Hong Kong's reputation and economy [9][10][11] - COVID-19 lockdowns further battered Hong Kong's economy, hindering its recovery and affecting tourism [11] - New World's debt-fueled expansion serves as a warning to other Hong Kong property tycoons [16] - Greater Bay Area accounts for 5% of China's population but 13% of its GDP [7]