BEIJING (Reuters) – Property sales in China dropped for the first time in more than two-and-half years in September and housing starts slowed sharply, reinforcing expectations that robust growth in the world’s second-largest economy is…
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China September property sales drop for first time in over 2-1/2 years
UPDATE 1-China Sept property sales drop for first time in over 2-1/2 years
* Sept property investment 9.2 pct vs +7.8 pct y/y in Aug – Reuters calculation * New construction starts +1.4 pct y/y vs +5.3 pct y/y in Aug – Reuters calculation BEIJING, Oct 19 (Reuters)…
China’s Top Bank Regulator Endorses Reform of Finance Industry
China’s top banking regulator reiterated the country’s commitment to reforming its finance industry, including easing ownership and business restrictions for foreign banks. The market share of foreign banks in China is falling, which isn’t good…
China’s Economy Grew Steadily, Thanks to Loans and Homes
China’s debt has soared over the past decade as banks and other lenders, working at the urging of Beijing, turned on money spigots to fuel growth. That has led to worries about the stability of…
China Finance Online Co. Limite (NASDAQ:JRJC) Short Interest Down -34.09% – Currently Trading Down
Investors are more bullish on shares of China Finance Online Co. Limite lately if you evaluate the fall in short interest. The company had a fall in short interest from September 15, 2017 to September…
China’s secret plan to take over the world
A FUNNY thing happened this week. While Australia was busy debating the feminist implications of Lisa Wilkinson’s pay packet and coming to grips with the fact solar panels didn’t work very well at night, China…
China’s economic growth stays stable as ruling party meets
The government’s growth target is 6.5 percent “or higher if possible.” Regulators have cited reducing risk in China’s financial system as a priority this year. Banks have been told to look closely at borrowers, especially…
China’s conflicted goals: Freer markets, more party control
China’s ruling Communist Party is expanding its role in business even as it promises freer markets and support for entrepreneurs on the eve of President Xi Jinping’s second five-year term as leader. Party officials are…
China suggests Xi’s political ideology to be elevated in party constitution
the apex of political power in China that is headed by Xi, praised “Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era”, according to the official Xinhua news agency. “The Thought is…
Unicom chairman not invited to China congress
BEIJING — Chairman and Chief Executive Wang Xiaochu of China Unicom, one of three major state-controlled telecom operators, has failed to qualify as a representative at the ruling Communist Party’s key congress, held every five…
Worries about Chinese dynamism as Beijing seeks greater economic control
But to improve financial security, Beijing needs to crack down much more heavily on the massive shadow banking system, which has grown exponentially in recent years. The trouble is that this could crimp bank lending,…
China’s electric car output to hit one million next year: BAIC chairman
BEIJING (Reuters) – China’s electric vehicle (EV) production could touch 1 million units next year and 3 million units by 2020, said Xu Heyi, chairman of carmaker BAIC Group, on Wednesday, likely exceeding a government…
China third-quarter GDP growth likely to cool as property, debt curbs bite
BEIJING (Reuters) – China is expected on Thursday to post a modest slowdown in third quarter economic growth from the previous quarter as the government’s efforts to rein in the property market and debt risks…
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