Property investment in China fell 10.6% in 2024, after tumbling 10.4% year-on-year in the first eleven months, National Bureau of Statistics data showed on Friday.
Featured Posts Title
US weighs polysilicon price floor, tariffs to counter China in solar and chips
Shenzhen warns clinics over illegal dental services, misleading ads in Hong Kong
Freeland crosses Beijing’s red lines with Taiwan speech
Beijing’s historic Zhengyangmen Gate Tower reopens to public after 6-year restoration
China Supplies Nearly Two-Thirds of a Crucial AI Component. New Proposed U.S. Restrictions Could Slow Data Centers
Shenzhen Daily announces a new report on digital economy
How the ‘Baby iPhone’ and an Apple supplier leak explain China’s recent supply chain moves
Recent Posts
China’s property investment drops 10.6% in 2024, sales slump 12.9%
China’s 2024 crude steel output slips to five-year low on feeble property demand
China’s crude steel output in 2024 fell 1.7% from the prior year to a five-year low, official data showed on Friday, hit by a long-running property market crisis that has depressed demand. The world’s …
China Property Investment Stays in Decline, Home Prices Show Slight Improvement — Update
The longer-than-expected property slump prompted Chinese leaders to take more aggressive measures to boost demand in the final quarter of 2024, including mortgage rate cuts, relaxed home purchase …
China’s property sales record positive growth in December
In December, the month-on-month sales prices of commercial residential properties in China’s first-tier cities rose, while the overall decline in second and third-tier cities narrowed, data collected …
China Meets 2024 Growth Target Of ‘Around 5%’ After Stimulus Measures
China’s economy expanded 5% in 2024, meeting the official target of “around 5%” growth after stimulus measures introduced late last year appear to be working.
China’s 2024 growth meets official 5% target on stimulus bump
The biggest bright spot in the economy last year was exports, which was very strong especially if price factor was excluded,” Jacqueline Rong, chief China economist at BNP Paribas SA.
China’s economy grows more than expected. But fears of Trump tariffs loom
Hong Kong (CNN) — China’s economy grew more than expected in the last three months of 2024, official data showed on Friday, as it awaits the likely imposition of fresh tariffs by US President-elect …
China’s economy expands 5% in 2024, hitting target as strong exports, stimulus measures help
Exports accelerated as companies and consumers rushed to beat potential tariff hikes incoming President-elect Donald Trump may impose on Chinese goods. “The national economy was geerally stable with …
More countries, including China, are grappling with shrinking and aging populations
A growing number of countries are confronting the dual challenges of population decline and aging. China said Friday that its population fell for a third straight year in 2024.
Stock market today: Asian shares slip as China says economy hit 5% growth target in ’24
Shares are mostly lower in Asia after China reported that its economy grew at a 5% annual pace last year, hitting the government’s target but slowing from the year before.
China’s new home prices flat for the first time in 18 months after stimulus push
China’s new homes prices stopped falling month-on-month in December for the first time in 18 months, official data showed on Friday, after the government rolled out multiple rounds of stimulus to lift …
USTR finds China’s shipbuilding dominance hurts US, is actionable
The U.S. Trade Representative’s office on Thursday said it has found China’s targeted dominance of the global shipbuilding, maritime and logistics sectors is “unreasonable” and is “actionable” under U …
China’s economic growth surpasses forecasts on stimulus push
China’s economy ended 2024 on better footing than expected helped by a flurry of stimulus measures, although the threat of a new trade war with the United States and weak domestic demand could hurt …
