Tata Steel’s share price jumped nearly 5 percent on March 18 amid heavy volumes and multiple large deals, buoyed by China’s robust industrial output growth. At 12.20 pm Tata Steel stock was at Rs …
Monthly Archives For March 2024
UK housing market seeing spring revival as asking prices jump; China’s real estate slowdown continues – business live
Rolling coverage of the latest economic and financial news …
Beijing visit shows China and Angola are redefining economic relationship for a post-oil, post-loans era
Following decades of the ‘Angola model’ – oil-backed loans to access Chinese funding for infrastructure – Beijing vows to help modernise Angola.
EVs With Built-In Camera Drones Have Already Landed in China
Still the stuff of concepts and flights of fancy in the West, automakers on the other side of the world are putting copters in their cars.
XPeng’s Shares Rise on Cheaper Brand Launch
XPeng’s shares rose after the Chinese electric-vehicle maker disclosed plans to launch a cheaper mass-market brand amid intensified competition in China’s EV market.The automaker’s Hong Kong-listed …
China’s all-important property market shows no sign of rebound in new year
China’s key real estate sector hasn’t shown much improvement following a flurry of government measures taken to boost the industry, even as other parts of the economy seem to be stabilizing.
China Drone Maker EHang Starts Selling Flying Taxis on Taobao
BEIJING (Reuters) – Chinese drone maker EHang Holidings has started selling its EH216-S model flying taxi on Taobao for 2.39 million yuan ($332,060), Reuters checks showed on Monday. EHang gained …
Morning Bid: Some China Cheer as Central Banks Enter the Starting Gates
Not so hot was a 9% y/y drop in Chinese property investment, the country’s Achilles heel and another argument for the People’s Bank of China to lower loan rates on Wednesday. It’s a packed week…
House TikTok bill gives China-based owner 6 months to sell. That’s unlikely.
Yet financial experts say the complex legislative process targeting the video app, which is owned by the China-based internet giant ByteDance, may end up being easier than any subsequent transaction.
China’s economic activity starts strong in 2024, though property market remains a challenge
China’s both industrial output and retail sales surprised analysts with stronger-than-expected performance in the early months of the year, providing a welcome boost for policymakers grappling with a …
China’s economy shows signs of improvement, but its property sector is still in the doldrums
The world’s second-largest economy has struggled to bounce back after the COVID-19 pandemic. China usually releases economic data monthly, but data for the first two months of the year are combined to …
China ends 9-year decline in new marriages in 2023, but divorces also climb
China ended a nine-year streak of declining marriage registrations last year, with the number of newlywed couples rising to 7.68 million, according to data released by the Ministry of Civil Affairs on …
China Coal Output Posts First Decline Since Beijing Ordered More
China’s output of thermal coal has fallen for the first time in years, adding to signs that Beijing’s long campaign to bolster energy security by digging more of the fuel may have reached its apex.
