China’s economy contracted in the three months ending in June compared with the previous quarter after Shanghai and other cities were shut down to fight coronavirus outbreaks, but the government said …
Monthly Archives For July 2022
China growth slumps to 0.4% in second quarter: official
China’s economy grew just 0.4 percent in the second quarter, a two-year low, official data showed Friday, with Covid lockdowns and an embattled property market nudging a government target further out …
China new home prices unchanged in June, after dropping for two months
China’s new home prices were unchanged in June after falling in the past two months, as strict COVID-19 curbs were eased and consumers took advantage of a slew of stimulus measures such as cuts in…
China’s economic growth falls to 0.4% amid virus shutdowns
China’s economic growth plunged to 0.4% over a year earlier in the latest quarter after Shanghai and other cities were shut down to fight coronavirus outbreaks, but the government says a “stable recov …
China c.bank keeps medium-term policy rate unchanged for a sixth month
China’s central bank stood pat on its medium-term policy rate for a sixth straight month on Friday, as expected, with investors believing that the bank intends to gradually normalise monetary policy …
China says economic growth plunged to 0.4% in latest quarter during COVID-19 shutdown but “stable recovery” is underway
China says economic growth plunged to 0.4% in latest quarter during COVID-19 shutdown but “stable recovery” is underway …
China narrowly misses second-quarter contraction as zero-Covid batters economy
China’s economy narrowly escaped a contraction in the second quarter as the fallout from President Xi Jinping’s zero-Covid policy stoked expectations that Beijing would inject …
China’s GDP growth misses expectations in the second quarter
China’s National Bureau of Statistics was set to release gross domestic product data for the second quarter on Friday.
China central bank renews medium-term policy loans, rate unchanged for a sixth month
China’s central bank rolled over maturing medium-term policy loans while keeping interest rate unchanged for a sixth straight month on Friday, matching market expectations.
China Banks Report $312 Million of Bad Loans in Mortgage Boycott
China’s banks have detailed 2.11 billion yuan ($312 million) of loans at risk to the increasing number of homebuyers refusing to pay mortgages on unfinished homes, as fears grow over a potential …
China PBOC Keeps Key Policy Rates Unchanged
The People’s Bank of China kept its key policy rates unchanged on Friday while injecting fresh liquidity into the financial market.
China Shares Waiting On GDP Data
Among the actives, Industrial and Commercial Bank of China skidded 1.13 percent, while Bank of China tumbled 1.82 percent, China Construction Bank declined 1.59 percent, China Merchants Bank plunged 3 …
China View: Mind your business language
Australia’s relations with China have been terrible over the past few years. On July 8, Australian Foreign Minister Penny Wong met with China Foreign Minister Wang Yi. When the Australian media …
