SHANGHAI (Reuters) – China’s premium car market will grow by half over the next decade, the chief executive of high-end automaker Audi AG said on Wednesday, citing growing personal wealth and the emergence of flourishing…
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Property destocking in China's smaller cities to persist – senior economic planner
BEIJING, April 19 Clearance of the housing overhang in many of China’s smaller cities is likely to persist, a senior economic planner was quoted as saying on Tuesday, suggesting that smaller centres may continue to…
China Has World's Hottest Property Stocks
The world’s hottest property stocks are to be found in China as tougher measures to cool real estate prices fail to deter investors. Chinese companies account for nine of the 10 best performers this year…
China's March home prices defy curbs, further tightening expected
BEIJING: Prices in China’s sizzling property market, a major driver of growth in the world’s second largest economy, accelerated in March on a monthly basis, shaking off the impact of recent cooling measures introduced to…
China plans two million new units of public housing for 2017: Xinhua
China’s property sales surged in the first two months of the year despite government measures to cool the market, though growth in real estate investment showed signs of easing, according to official data in March.…
China has yet to stop its runaway property bubble
BEIJING — Wu Jianying, a company employee in Beijing, visited her father’s hometown in Hebei Province, in mid-March. In Wen’an County, a one-and-a-half-hour drive south from the capital, she heard a strange rumor: The government…
China urges Canada to relax curbs on high-tech exports: Xinhua
Trudeau wants to boost trade with China as a way of lessening dependence on exports … Trudeau’s Liberals allowed Hong Kong-based O-Net Technologies Group Ltd to buy a Canadian technology company, reversing a 2015 decision…
China's ZTE appoints U.S. head Cheng as new mobile business chief
HONG KONG (Reuters) – China’s ZTE Corp has picked the head of its U.S. business to lead its mobile phone business globally, the latest management appointment after it settled a U.S. government probe and agreed…
Exclusive: China gathers state-led consortium for Aramco IPO – sources
HONG KONG/RIYADH/DUBAI (Reuters) – China is creating a consortium, including state-owned oil giants and banks and its sovereign wealth fund, that will act as a cornerstone investor in the initial public offering of Saudi Aramco,…
China bank overseer launches ‘regulatory windstorm’
China’s new chief banking regulator has started with a bang, issuing a flurry of new policy directives during his first month aimed at the industry’s knottiest problems, in line with the government’s focus this year…
China's $8.5 Trillion Shadow Bank Industry Is Back in Full Swing
China’s shadow banking is back in full swing, an unintended side effect of the government’s campaign against financial leverage, which has curbed traditional lending and squeezed bond financing. Data from the central bank Friday showed…
China Minsheng Banking : Bank Says a Company Executive Is Under Investigation by Police
BEIJING–China Minsheng Banking Corp. said Wednesday one of its executives is under a police investigation on suspicion of “illegal conduct.” Minsheng has set up a team to work with police in their investigation of Zhang…
China, EU keen to push message of free trade, engagement
Beijing and Brussels were set Wednesday to hold their first high-level talks since President Donald Trump took office, with both sides eager to push a message of free trade and open engagement in contrast to…
