After seeing prices decline for years, Chinese officials have made a burst of policy changes aimed at making easier to buy homes.
Monthly Archives For September 2024
Stellantis and Aston Martin shares drop sharply after profit warnings amid China woes
Stocks of European carmakers hemorrhaged early on Monday as Stellantis and British luxury brand Aston Martin issued profit warnings.
China’s September factory PMI below 50 for 5th straight month
A key indicator of China’s manufacturing activity fell below the boom-or-bust line in September for the fifth straight month, as a slowdown in domestic demand amid a prolonged real estate slump led an …
China records biggest rally since 2008, soaring 8%
The Chinese stock market rose ~8% on Monday, marking it’s biggest rally since 2008, boosted by a better than expected PMI data. The SSE Composite Index also registered its ninth s …
Donald Trump’s ‘Crucial’ China Nightmare Is Suddenly Coming True
China’s former minister of finance, Zhu Guangyao, has warned Trump’s embrace of bitcoin and crypto means it can no longer be
China’s beleaguered real estate shares jump almost 10% after Beijing makes its ‘strongest housing pledge to date’
Investors gave China’s stock markets their best week in years after Beijing promised more stimulus measures to support the economy.
China’s astronauts are aiming to land on the moon by 2030. They now have a new spacesuit to do it
China has taken a step forward in its ambitious plan to land astronauts on the moon by 2030 – unveiling the specially designed spacesuit its crew will don for what’s expected to be a landmark…
China’s Former Finance Minister Urges Caution on Cryptocurrency Development
At the recent 2024 Tsinghua Wudaokou Chief Economists Forum in Beijing, Lou Jiwei-former finance minister of China calls for caution to be taken regarding cryptocurrency development.
China’s Weak Factory Activity Shows Urgency of Stimulus Push
China’s factory activity continued to contract while the services sector slowed in September, as policymakers prepared an emergency stimulus blitz to revive an economy facing challenges across the …
China’s vice finance minister meets with PWC global chair
China’s Vice Finance Minister Guo Tingting met with PWC global chair Mohamed Kande in Beijing on Sept. 19, the ministry said in a statement on Monday.Guo affirmed PWC’s attitude of respecting …
China’s central bank buys $28.52bln of sovereign bonds in September
The People’s Bank of China said the operation was to “strengthen counter-cyclical adjustment of monetary policy and keep banking system liquidity reasonably ample” …
China’s stock market is closing just as investment outlook is brightening up
The Shanghai Stock Exchange will close from Oct. 1 to Oct. 7 for the China National Day celebrations. Hong Kong’s market will be shut on Oct. 1.
Dodge-maker Stellantis and Aston Martin drop sharply after profit warnings amid China woes
Stocks of European carmakers hemorrhaged early on Monday as Stellantis and British luxury brand Aston Martin issued profit warnings.
