China’s average daily home sales during the major May Day public holiday sank 47% from a year earlier, and were down around 30% from pre-pandemic levels in 2019 for the same holiday period, according …
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China home sales slump 47% over May Day holiday vs 2023
Are iPhone sales growing or shrinking in China? That depends on which data points you look at, says an analyst.
Phone sales in China are a closely watched metric because the country accounts for nearly a fifth of Apple’s sales.
China property fix aims to restock speculation
Again, this requires strong financial support from the central bank and state lenders. However, if Xi is to realise his vision of a “new development model” for the sector, another source of demand for …
Bulker stocks face downside risk as Chinese import downturn weighs on markets
The main downside risk is the uncertainty of the Chinese import demand. “We returned from our recent visit to China with a sense that troubles could be lining up for dry bulk,” Lian said. According…
China’s economic momentum: ZGC Forum and Canton Fair highlights
People attend the 135th session of the China Import and Export Fair, also known as the Canton Fair, in Guangzhou, Guangdong province, on April 15, 2024. [Photo/Xinhua] …
Indian Embassy in China interacts with students affected by Covid visa bans
Around 80 old and new students from more than 13 Chinese universities took part in the “welcome and interaction ceremony” held on May 4.
And now, BRICS eyes creation of a central bank for currency issue
China, with backing from Russia and South Africa, is planning an onslaught on the mighty dollar by introducing a new currency, to be issued by a proposed BRICS central bank that would combine the stre…
China’s Xi in Paris to meet Macron, with trade, Ukraine talks planned
Chinese President Xi Jinping awoke in Paris on Monday on his first visit to the region in five years, with trade and Russia’s war with Ukraine on the agenda in talks with France’s Emmanuel Macron…
GM-Backed Self-Driving Firm Momenta Said to File for IPO in US
Chinese self-driving firm Beijing Momenta Technology Co. has filed confidentially for an initial public offering in the US, according to people familiar with the matter.
Chinese homebuyers favour ‘second-hand’ houses as property crisis bites
Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. Deep in the heart of Shanghai’s former French Concession, buyers are inspecting an old apartment, taking in the …
China’s EV makers, unfazed by US, European export curbs, will push overseas vehicle shipments to new heights, analysts say
China’s overseas vehicle shipments are set to grow at a clip this year, bolstered by surging sales in markets like Southeast Asia and the Middle East, as the country’s heft in manufacturing electric cars goes…
Hungary and Serbia’s autocratic leaders to roll out red carpet for China’s Xi during Europe tour
Chinese leader Xi Jinping will spend the bulk of his five-day tour in Europe this week in two small countries at the continent’s eastern half
China’s hype video for its lunar base showed what looked like a NASA Space Shuttle lifting off, which it then realized and tried to fix
The CGI clip in the China National Space Administration was later blurred out in a state media version of the lunar base teaser.
