China’s economic slowdown is polarising government advisers over the best way forward, with advocates of structural reforms now emerging from the shadows in a challenge to others calling for more state spending to shore up…
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Biggest-ever Asian Games ready for liftoff in China after COVID-19 delay
The biggest Asian Games in history, boasting about 12,000 competitors — more than the Olympics — will open on Saturday in the Chinese city of Hangzhou after a year’s delay because of COVID-19.
Glum mood overhangs China’s Asian Games – ‘People just don’t care’
China hopes to make a splash with the Asian Games, opening on Saturday, but nationwide excitement has been muted as the economy sputters and some locals question the cost of the sporting extravaganza.
Guangzhou relaxes home purchase restrictions, Beijing, Shanghai, Shenzhen may follow as China steps up property easing
Guangzhou relaxes home purchase restrictions, becoming the first among tier-one cities to take such a step, and analysts expect Beijing, Shanghai, and Shenzhen to follow suit to prop up the sluggish …
China should step up policy support for economy, ex-People’s Bank of China head says
China should step up policy support for the economy while promoting reforms to help achieve the annual growth target of around 5%, Yi Gang, former governor of the People’s Bank of China (PBOC), said …
More SE Asia firms consider U.S. IPOs, filling void left by China peers
Several Southeast Asian companies are considering listing in the United States, banking on strong investor appetite for emerging market growth in the absence of Chinese stock offerings.
Exclusive: China scrutinizes quant strategies as market weakness stokes public anger – sources
As China’s stock market struggles to recover, regulators have started to probe some hedge funds and brokerages on quantitative trading strategies amid a growing outcry against a sector able to profit from share price falls…
Fukushima discharge row: China’s import of Japanese seafood down by over 67% in August
China’s imports of Japanese seafood fell by over 67 per cent in August over the Fukushima water discharge row. According to a report by NHK World on Monday (September 18), Chinese customs authorities …
Biggest Asian Games ready for liftoff in China after COVID-19 delay
The biggest Asian Games in history, boasting about 12,000 competitors — more than the Olympics — will open on Saturday in the Chinese city of Hangzhou after a year’s delay because of …
Hong Kong Says It Calls the Shots, Not Beijing. Investors Are Wary.
Its close ties to Beijing are putting the city, still an international financial hub, in a bind as it lures Western investors to revive its economy.
Chinese property giants hit hard with nearly USD 3 billion in forex losses
The total net foreign exchange losses for 24 of the top 30 mainland listed Chinese developers by contracted sales before the COVID crackdown in 2020 totalled 21.25 billion yuan (USD 2.75 billion) for …
FACTBOX-Bigger, heavier, faster: China rolls out military upgrades
They could also play a key role in transporting personnel and equipment in conflict scenarios. BIGGER, MORE ADVANCED FRIGATES China launched a bigger and more advanced version of its biggest frigate …
China sets yuan midpoint at 1-month high, basket index recovers 2023 losses
China’s central bank set the yuan’s daily midpoint fixing at the highest level in over a month on Thursday, while its value against a basket of currencies recovered. The People’s Bank of China (PBOC) …