BEIJING: The World Bank has sharply slashed its annual growth forecast for China, warning in a report last week that Covid-19 disruptions could further slow recovery in the world’s second-largest …
Monthly Archives For June 2022
China shares touch 3-month highs on recovery hopes
China stocks rose to new three-month highs on Wednesday, lifted by strong inflows as investors expect further policy support to fuel a growth rebound, while gains in financial and property firms …
China retail sales slide as lockdowns hit world’s biggest consumer market
We’ll send you a myFT Daily Digest email rounding up the latest Chinese business & finance news every morning. China’s retail sales declined for a third consecutive month in May as lockdowns and mass …
China’s Factories Perk Up, But Frail Consumption Points To Weak Economic Recovery
The uptick in the industrial sector was underpinned by the easing of COVID curbs and strong global demand. China’s exports grew at a double-digit pace in May, shattering expectations, as factories …
China’s middle class looks to flee as COVID-19 policies bite
BEIJING: Alan Li no longer sees any future for his family in China after harsh COVID-19 rules decimated his business, upended his son’s education and left his country out of step with the rest of…
China’s middle class looks to flee as Covid policies bite
Alan Li no longer sees any future for his family in China after harsh Covid rules decimated his business, upended his son’s education and left his country out of step with the rest of the…
Spy agencies’ focus on China could snare Chinese Americans
As U.S. intelligence agencies ramp up their efforts against China, top officials acknowledge they may also end up collecting more phone calls and emails from Chinese Americans, raising new concerns …
China’s factory activity rebounds as anti-virus curbs ease
China’s factory output rebounded in May, adding to a recovery from the latest COVID-induced economic slump after controls that shut down Shanghai and other industrial centers eased. Industrial …
China May property sales fall at slower pace as policies buoy demand
China’s May property sales fell at a slower pace for the first time in three months, suggesting improved buyer sentiment in the sector after several easing measures taken by cities across the country …
China factory output, retail sales weak as Covid shadow persists
Shanghai, China’s most populous city, started emerging from a gruelling two-month lockdown in June, providing a boost to economic sentiment. But observers remain cautious in part due to a sharp …
China Says It May Have Detected Signals From Alien Civilizations
China said its giant Sky Eye telescope may have picked up signs of life beyond Earth, according to a report by the state-backed Science and Technology Daily, which then appeared to have deleted the …
China’s CNOOC completes first offshore carbon capture site
Chinese state-owned oil and gas firm CNOOC Ltd has completed the country’s first offshore carbon capture and storage project designed to permanently bury carbon dioxide in the seabed, state media …
China’s US$20 trillion asset management industry to embrace more diverse products amid revamp, think tank says
Industry’s ability to satisfy residents’ need for diverse allocations is relatively weak, China Wealth Management 50 Forum says The industry needs further development of new categories such as …
