BEIJING — China released economic data for July that showed slower-than-expected growth. Retail sales rose by 8.5% in July from a year ago, lower than the forecast 11.5%, according to analysts polled …
Monthly Archives For August 2021
China Squeezes $1.3 Trillion Revenue Earner to Cool Home Prices
China is widening curbs on the nation’s soaring home prices by temporarily halting land auctions in some major cities, potentially hurting a key source of cash for local governments.
Shanghai Nenghui Technology’s IPO to debut on Shenzhen Stock Exchange
Shanghai Nenghui Technology (301046) to start trading on the Shenzhen ChiNext Market Aug 17, tomorrow. The firm has issued 37.37 mln shares priced at RMB 8.34 per share raising RMB 311.67 mln. Its …
China’s factory output, retail sales slow, miss expectations
China’s factory output and retail sales both rose more slowly than expected in July from a year ago, data showed on Monday, amid signs of increasing pressure on China’s economy as export growth cooled …
China July industrial output up 6.4%, retail sales miss forecasts
China’s industrial output rose 6.4% in July from a year ago, well behind expectations, official data showed on Monday, amid signs of increasing pressure on China’s economy. Analysts in a Reuters …
China’s retail sales growth slows more than expected in July
Retail sales rose by 8.5% in July from a year ago, lower than the forecast 11.5%, according to analysts polled by Reuters. The National Bureau of Statistics noted “the impact of multiple factors …
China July new home prices growth hits slowest since January
China’s new home prices in July rose at the slowest clip since January, official data showed on Monday, after authorities further tightened curbs on the sector, including limits on some categories of …
China’s Recovery Weakens as Delta Outbreak Adds New Risks
China’s economic activity slowed more than expected in July, with fresh virus outbreaks adding new risks to a recovery already hit by floods and faltering global demand.
China Home Prices Grow at Slowest Pace in Six Months After Curbs
Home-price growth in China moderated for a second month in July after authorities took further steps to rein in the market.
China’s Central Bank Partially Rolls Over Medium-Term Loans
China’s central bank rolled over a portion of medium-term policy loans coming due, a move to support economic growth amid a resurgence of Covid cases.The People’s Bank of China injected 600 billion …
Stocks, U.S. Futures Slip Amid China, Delta Risks: Markets Wrap
U.S. equity futures and Asian stocks slipped Monday as the delta virus strain hampers economic reopening and as traders await key Chinese data that may signal slower growth.Stocks fell in Japan with …
Hong Kong activists ask pro-Beijing law firm to defend them
At least three of the 47 Hong Kong democracy activists arrested in dawn raids have chosen to be defended by the legal firm run by one of their traditional political opponents: a staunchly pro-Beijing …
China’s new home prices growth slows in July
China’s new home prices in July rose at the slowest pace since January, official data showed on Monday, after authorities further tightened curbs on the sector, including limits on some purchases. …
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