China’s National Bureau of Statistics revealed October’s economic activity data this week, with key indicators below market expectations. Retail sales were worth Rmb4.03tr ($564.6bn) in October, down …
Monthly Archives For November 2022
Ray Dalio says none of China’s new leadership team appear to be ‘extremists’
American billionaire Ray Dalio laid out his outlook for China’s economy and government policy in a Nov. 16 post on LinkedIn. Regarding the new leadership team, “the people being added are loyal …
Moody’s shutting consulting business in China, cutting staff
HONG KONG, Nov 18 (Reuters) – Moody’s Corp (MCO.N) is shutting its China consulting business and is laying off people associated with the unit in multiple locations across the country, two people with …
China’s Covid cases near record high, Beijing’s highest: Top updates
Covid In China: The southern manufacturing hub of Guangzhou remains a hotspot, with more than 9,000 new cases. Covid In China: A worker wearing a protective suit swabs a man’s throat for a COVID-19 …
Family service center in Luohu boosts integrated development of Shenzhen and Hong Kong
The Shenzhen-Hong Kong Family Service Centre was officially unveiled at the Luohu District Women and Children’s Activity Centre on the afternoon of Nov. 15. After its opening, the new center unveiled …
China’s Property Sales to Decline by 10%-15% in 2023: Moody’s
Kaven Tsang, senior vice president at Moody’s Investors Service, discusses China’s property market, inventory of empty apartments and the liquidity of developers. He speaks on Bloomberg Television.
China should set 2023 economic growth target no lower than 5% – central bank adviser
BEIJING (Reuters) – China should set its economic growth target no lower than 5% for 2023, Liu Shijin, a policy adviser to its central bank, said on Friday. The world’s second largest economy grew …
Asia must not become arena for ‘big power contest,’ says China’s Xi as APEC summit gets underway
Xi has already used the Asia-Pacific Economic Cooperation (APEC) to stake out how he wants China to viewed by his counterparts – framing the country as an agent of regional unity in a written speech…
Sunshine Insurance Said to Win HKEX Approval for $1 Billion IPO
The Beijing-based company may start taking investor orders by end of this month at the earliest, the people said, asking not to be identified as the information is private. Sunshine Insurance filed …
Alibaba says 15% of China delivery areas were disrupted during Singles Day shopping festival
related investing news Nvidia’s results suggest its gaming business is close to a bottom, analysts say Samantha Subin 17 hours ago Disruptions affected nearly 15% of delivery areas in China starting …
COVID-19 in Shanghai: 29 local infections, 33 imported cases
The sixth case is a Chinese who arrived at the local airport on November 13 from Canada. The seventh and eighth cases, both Chinese departing from China’s Hong Kong SAR, and the ninth case, a…
Global investors are bullish again on China as Beijing switches to damage control
In December, US regulators finalized rules to ban trading in shares of Chinese companies if they can’t access their audit papers, a request that had been denied by Beijing on national security grounds …
China Eases Cash Injections as Government Bonds Steady
China dialed down its short-term cash injections to the banking system, as the government bond market steadied following this week’s steep losses. The People’s Bank of China added a net 9 billion yuan …
