With revenues from land sales falling by more than 20 per cent last year amid mounting debt, local governments are being forced to scale back public services Jobs with public sector or state-owned …
Monthly Archives For September 2023
China emerges from deflation as August prices rebound
China briefly slipped into deflation in July for the first time in over two years, with prices falling 0.3 percent, year on year
Shenzhen residents affected by storm can get payments
According to the provisions, eligible residents can receive a one-time emergency assistance payment amounting to not less than two months of the city’s minimum living guarantee standard — 2,826 yuan …
China’s deflation pressures ease, more steps expected to spur demand
China’s consumer prices returned to positive territory in August while factory-gate price declines slowed, data showed on Saturday, as deflation pressures ease amid signs of stabilisation in the economy.
China’s deflation pressures eases, more steps expected to spur demand
China’s consumer prices returned to positive territory in August while factory-gate price declines slowed, data showed on Saturday, as deflation pressures ease amid signs of stabilisation in the …
China’s Didi Q2 revenue grows as regulatory curbs ease
Revenues at China’s Didi Chuxing rose 52.6% for the April-June quarter from a year earlier to 48.8 billion yuan ($6.65 billion, as the ride-hailing firm emerged from a regulatory crackdown and demand rebounded with the…
Apple’s China Dependency Spooks Investors After Ban
China’s move to limit Apple’s reach is a development that investors have feared for years, signaling that a once-untouchable partner in the country is now ensnared in rising tensions between the world’s two foremost superpowers.
China’s Consumer Prices Creep Out of Deflation in August
China’s deflationary pressures eased slightly in August as consumer prices rose and producer price declines moderated, adding to signs the worst may be over for some parts of the economy.Most Read …
Alibaba’s grocery unit IPO put on ice amid disappointing valuation: report
Alibaba said in May that Freshippo’s IPO would be completed in six to 12 months and that … Alibaba said it would split into six units and explore fundraising and listing for most of them,…
China’s August consumer prices edge higher, factory price falls moderate
China’s consumer prices in August returned to positive territory while factory-gate price declines slowed, data showed on Saturday, as deflation pressures ease amid signs of stabilisation in the economy.
US Probes Made-in-China Chip as Tensions Flare Over Technology
The US government has begun an official probe into an advanced made-in-China chip housed within Huawei Technologies Co.’s latest smartphone, a revelation that’s set off a debate in Washington about the efficacy of sanctions intended…
Venezuela’s Maduro seeks to renew Beijing ties amid China-West tensions
Energy trade, debt repayment and new financing likely are the main focus of the Sept. 8-14 visit, officials said. Venezuela owes over $10 billion to China, according to independent data.
POLL-China’s Aug new yuan loans seen rebounding on policy support
Local governments issued a net 2.497 trillion yuan in special bonds in the first seven months of 2023, the finance ministry data have shown, as authorities accelerated special bond issuance for …
