China is considering a new funding option for local governments to buy unsold homes after a series of rescue packages failed to prop up the market, according to people familiar with the matter.
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China has “unprecedented number” of ships in U.S. Arctic waters, DHS says
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Fauci involved in ‘massive’ COVID-19 origins cover-up, FDA chief Marty Makary tells ‘Pod Force One’
Supreme Court of Singapore and Supreme People’s Court of China Strengthen Bilateral Ties at Ninth Singapore-China Legal and Judicial Roundtable
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Spat With China Becomes an Asset for Japan’s New Leader
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China Weighs Letting Local Governments Issue Bonds to Buy Homes
Binance Remains King Among Chinese-Speaking Crypto Users: Survey
Binance is the preferred crypto exchange platform among Chinese-speaking users, a survey from Hong Kong publication TechFlow showed.
China keeps key loan rates on hold as economic recovery shows progress
After unexpected cuts in July, the People’s Bank of China (PBOC) left the one-year and five-year Loan Prime Rates (LPR) unchanged. Amid recent mixed activity data, China’s economy shows signs of a …
Swiss Watch Exports Gain as US, Japan Offset Steep China Drop
Swiss watch exports eked out a slight gain in July as strong shipments to the US and Japan outweighed further declines in demand for premium and luxury timepieces in China and Hong Kong.
China Recognizes Virtual Asset Transactions in Revised AML Laws
China has revised its AML laws to include virtual asset transactions in first major update to the country’s AML framework since 2007.
Outlook darkens for China’s already weak steel output: Russell
China’s steel output slumped in July and is likely to continue to fall in coming months as mills struggle for profits amid sluggish demand and look to comply with government guidance that ensures …
China’s July oil imports from top supplier Russia fall 7.4% from a year ago
China’s crude oil imports from top supplier Russia fell in July by 7.4% from a year earlier, official data showed on Tuesday, in line with a broad decline in Chinese refiners’ purchases that were …
Switzerland Is Getting Squeezed Between China and the US
Back in 2013, several dozen Swiss business representatives traveled to Beijing to attend the signing of a free-trade agreement between Switzerland and China, toasting the success with champagne.
China’s Gold Imports Tumble Again as Record Prices Deter Buyers
Chinese consumers continued to pull back on gold purchases last month, as record prices and a sustained economic slowdown curbed demand in the world’s biggest bullion-buying nation.
China now is a trailblazer in scientific research and innovation: scientists
China has ramped up efforts to accelerate scientific research and innovation lately. Aided with the state-of-the-art research facilities, a vast and skilled group of young and experienced researchers, …
Chinese property developer Kaisa, bondholders agree to restructure offshore debt
Chinese property company Kaisa Group on Tuesday (Aug 20) announced an offshore debt restructuring agreement with a key group of bondholders, swapping existing debt into new notes and shares in the …
China plans ‘bigger, stronger’ social security fund to aid ageing society
China will beef up its 2.88 trillion yuan ($406 billion) social security fund, making it “bigger and stronger” to help support its rapidly ageing population as the number of new births and younger …
China holds lending rates steady, focuses on bank stability amid economic slowdown; PBOC signals caution
The decisions reflect a balancing act by China, after PBOC Governor Pan Gongsheng said last … would strike a balance between supporting growth and ensuring the health of financial institutions. That …
