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China consumer, factory activity down as virus controls rise
Chinese consumer spending contracted in October and factory activity weakened as anti-virus controls following a rise in infections weighed on the economy …
China’s Xi starts first day at G20 with a whirlwind of meetings with US allies
After a near three-year absence from the world stage, Chinese leader Xi Jinping has embarked on a whirlwind of face-to-face meetings with Western leaders at the Group of 20 summit in Bali, as he looks…
China’s Property Investment Falls at a Faster Clip in Jan-Oct
China’s property investment fell at a faster pace during January-October, declining 8.8% from a year earlier after slumping 8.0% in the first nine months of the year. Property sales by floor area …
China Unicom helps empower, energize and enlighten customers worldwide
China Unicom, one of the incumbent telecom operators in China, has been proactively deploying innovative and quality digital information infrastructure. With its expertise in five “BIG” business …
China keeps key lending rate unchanged as policymakers balance yuan, economic risks
China’s central bank partially rolled over maturing medium-term policy loans and kept the interest rate unchanged for a third straight month on Tuesday, suggesting policymakers remain wary of stoking …
China’s central bank partially rolls over medium-term policy loans, rate unchanged
China’s central bank partially rolled over maturing medium-term policy loans while keeping the interest rates unchanged for a third straight month on Tuesday, largely meeting market expectations. The …
China’s central bank leaves key policy rates unchanged
China’s central bank kept its key policy rates unchanged Tuesday, suggesting that it may maintain benchmark lending rates despite more signs of weakness …
UPDATE 1-China Oct property investment slumps at fastest pace since early 2020
Two sources told Reuters on Sunday a notice to financial institutions from the People’s Bank of China (PBOC) and the China Banking and Insurance Regulatory Commission (CBIRC) laid out 16 steps to …
China October Retail Sales, Industrial Output Miss Expectations
China on Tuesday reported slower-than-expected growth in factory output and retail sales for October, as a surge in Covid cases and a deepening property slump weighs on the economy.
Foreign companies adopt ‘China for China’ strategy
We’ll send you a myFT Daily Digest email rounding up the latest Chinese business & finance news every morning. As snap lockdowns and quarantine measures disrupted China’s business landscape in October …
China October refinery output edges up; 2nd straight month of growth on year
China’s crude oil throughput rose 0.8% in October from a year earlier for a second straight month in year-on-year growth, data showed on Tuesday, as refiners ramped up processing to export more …
China’s factory output, retail sales miss forecasts, economy losing steam
China’s factory output grew more slowly and retail sales fell in October, the latest sign that the world’s second-largest economy is losing momentum as it struggles with protracted COVID-19 curbs and …