China’s new Beijing Daxing International Airport is designed to handle 130 million passengers annually, dwarfing any airport on Earth. Here’s how its record-breaking design, nine runways, and …
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Beijing Daxing Airport: How China is building the world’s largest aviation hub
China’s outstanding property loans down 3.4% on year at end of March
BEIJING, April 29 (Reuters) – China’s outstanding property loans stood at 51.7 trillion yuan ($7.57 trillion) at the end of March, down 3.4% year-on-year, the central bank said on Wednesday.
Tungsten breaks records as China export curbs, military demand boost investment
By Ashitha Shivaprasad and Anmol Choubey April 29 (Reuters) – Tungsten prices have powered further into record-high territory, fuelled by China’s tightening export controls and surging military demand …
The human(oid) league
Huawei and China Unicom take embodied AI to new heights at the Beijing E-Town Half-Marathon and Humanoid Robot Half-Marathon …
China relaxes home buying rules in Shenzhen to boost demand
China’s Shenzhen will ease home buying restrictions in its prime districts and raise housing provident fund loan caps in the latest attempt by authorities to contain the prolonged property slump.
Is China’s economic resilience masking a real estate collapse?
Buy non-China industrials that gain share from Chinese price dumping: e.g., US steel producers (Nucor) and European chemical/industrial specialty names with pricing power. Thesis: domestic demand …
Bank of China posts 4.17% rise in Q1 profit
BEIJING/SHANGHAI, April 29 (Reuters) – Bank of China, China’s fourth largest commercial bank, reported on Wednesday a 4.17% rise in first-quarter net profit. Net profit reached 56.631 billion yuan ($8 …
China’s Shenzhen Relaxes Home Buying Rules to Boost Demand
China’s tech hub of Shenzhen will ease home buying restrictions in the city’s prime districts and raise housing provident fund loan caps in the latest attempt by authorities to contain the nation’s …
China’s Shenzhen further eases homebuying curbs
BEIJING, April 29 (Reuters) – Shenzhen, one of China’s four first-tier cities, further relaxed restrictions for buying homes in the city in a bid to spur demand. • Eligible households will be able to …
Beijing clamps down on drones: Sales banned citywide from May 1
Beijing is banning the sale of all drones within city limits starting May 1. The Chinese capital’s city government passed ordinances in late March that ban drone sales and flights, although users have …
China’s largest lenders’ first-quarter profit up over 3%, sour loan ratios steady
Five of China’s largest lenders reported net profit growth over 3% in the first quarter of this year on Wednesday, as bad debt ratios remained steady.
China’s Iranian oil buying curbed by margins, traders say
By Chen Aizhu and Siyi Liu SINGAPORE, April 29 (Reuters) – China’s independent refiners, Tehran’s main oil customers, continue importing Iranian oil despite fresh U.S. pressure, although buying is …
China’s property prices crash to 2005 levels: Could India face a similar housing slump?
China’s property market faces a prolonged downturn, with prices hitting near two-decade lows, sparking fears of a similar correction in India. While concerns like a weakening rupee and job uncertainty …
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