China’s July property investment grew at the quickest clip since April last year, underpinned by solid construction activity and easier lending as the economy gradually recovers from the coronavirus … ( read original story …)
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China’s property investment in July quickens to over one-year high
China Jan-July Property Investment Rises 3.4% Year-On-Year, Picks up Speed From First-Half
China’s real estate investment rose 3.4% in January-July from a year earlier, official data showed on Friday, quickening from a 1.9% uptick in the first six months. Property sales by floor area fell 5 ……
TABLE-Breakdown of China’s Jan-July property investment
Following is a breakdown of China’s real estate investment for the year to July, published by the National Bureau of Statistics on Friday. Actual investment in the sector (bln yuan, pct change y/y): … (…
China Home-Price Growth Slows in July Amid Fresh Wave of Curbs
China home-price growth slowed for the first time in five months in July, as authorities maintained a more measured pace of monetary easing and clamped down on speculative demand. ( read original story …)
AI Unicorn SenseTime Is Said to Mull Hong Kong, China IPO
SenseTime Group Ltd., China’s largest artificial intelligence company, is exploring a dual listing in Hong Kong and China as it closes in on $1.5 billion of pre-IPO financing, according to people … ( read original…
U.S. designates Confucius Institute foreign mission of Beijing
Trump administration on Thursday designated the Confucius Institute U.S. Center as a foreign mission, accusing it of being apart of the Chinese Communist Party’s propaganda machine. ( read original story …)
Sino-U.S. tensions to hurt China, U.S. and the world: stats bureau
China will be able to maintain steady economic growth this year although the tensions between China and the United States will negatively impact the two countries and the world, China’s National … ( read original…
US, China To Discuss Trade Deal Amid COVID-19 Disruption
Negotiators from the United States and China will on Saturday discuss the “phase one” trade deal signed earlier this year — before the coronavirus slammed the world economy and relations between the … ( read…
Exclusive: China pushes First Capital merger in drive to take on Wall St.
China plans to merge domestic broker First Capital Securities with smaller rival Capital Securities, three sources said, underscoring Beijing’s determination to consolidate the brokerage … ( read original story …)
Dollar drifts higher as coronavirus, China data sap confidence
The dollar drifted higher on Friday, helped by strong U.S. jobs data as well as firmer global demand for safe-havens amid concerns about the coronavirus recovery, setting the currency up to … ( read original…
China central bank to conduct MLF operations on Monday as 400 billion yuan of such loans expire
China’s central bank said it would conduct medium-term lending facility (MLF) operations on Monday, as a batch of 400 billion yuan ($57.6 billion) worth of such loans expired on the day … ( read original…
China mainland reports 30 new coronavirus cases on August 13 vs 19 a day earlier
China reported 30 new coronavirus cases on the mainland on Aug. 13, up from 19 on the previous day, the country’s health authority said on Friday. ( read original story …)
U.S. to Classify Beijing-Backed Confucius Institute Center as Foreign Mission
The State Department said it is classifying the China-backed Confucius Institute U.S. Center as a foreign mission to draw scrutiny to the ways the Trump administration says the center’s Chinese … ( read original story…
