BEIJING/HONG KONG (Reuters) -Missed payments on investment products by a leading Chinese trust firm and a fall in home prices have added to worries that China’s deepening property sector crisis is …
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China’s deflationary slide is worsening as companies spiral into price wars
US Moves To Loosen China’s Grip on Rare Earth Minerals
‘There just aren’t enough quality jobs’: Why China’s graduate wave can’t fix its labour shortage
Local government investigation into kindergarten lead poisoning in China reveals deep distrust in authorities
US Allies in Europe Project Aircraft Carrier Power Near China
China’s GDP growth set to slow, raising pressure on policymakers
Exclusive: Pandora exploring ways to restructure struggling China business, sources say
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China’s economic woes mount as trust firm misses payments, home prices fall
Oil falls on China worries despite tighter US supply
Oil prices edged down on Wednesday, extending a 1% drop in the previous session, as worries about China’s struggling economy outweighed declining U.S. stockpiles. Brent crude futures slipped 38 cents …
Beijing among top 3 cities for hybrid work, while high cost of accommodation and coffee weighs on Hong Kong in 22nd spot, IWG says
Barcelona, Toronto and Beijing have been named the top three cities for hybrid work, while Hong Kong ranked 22nd, according to a study by workspace operator IWG.
China may ‘miss the 5%’ growth target this year as downside risks spread
Without more stimulus, China is increasingly likely to miss its growth target of around 5% this year, economists said.
China woes drag on yuan, Aussie; pound sways after UK inflation rate slows
Mounting concerns over China’s sputtering economy knocked the Australian dollar and the yuan to nine-month lows on Wednesday, while the dollar held broadly steady, underpinned by a resilient U.S. economy.
China £2.4trn economic meltdown ‘has ‘spillover potential for UK’ warns banking expert
EXCLUSIVE: Bob Lyddon also believes it is very difficult to tell how exposed UK banks are to Chinese counterparts.
India and China pledge to maintain ‘peace and tranquility’ along disputed border despite tensions
Chinese and Indian military commanders have pledged to “maintain the peace and tranquility” along their disputed border in an apparent effort to stabilize the situation following a rise in tensions.
China’s top brands turn cautious over economic recovery
Chinese consumers are tightening their belts across sectors from beauty products to jewelry, though are still spending big on restaurants, as a list of headwinds signal growing uncertainty about the …
Structural Change Underway in China Property: McCormack
“We think there is a structural change underway in China’s property sector.” James McCormack, managing director, global head of sovereigns at Fitch Ratings, discusses China’s credit rating and his …
Chinese smartphone brand shipments rise in 2Q23; volume to continue picking up in 2H23, says DIGITIMES Research
According to DIGITIMES Research’s statistics and analyses, second-quarter 2023 smartphone shipments by China-based smartphone vendors exhibited a 7.4% on-quarter growth but a 6.1% on-year decline. In …
Estée Lauder’s Big Bet on China Is Looking Not So Pretty
Estée Lauder’s longtime chief, Fabrizio Freda, is under pressure to show he can turn around the beauty giant’s key China and U.S. businesses.
China to keep halogenated rubber anti-dumping duty until probe is over
China’s commerce ministry said on Wednesday it will continue to impose anti-dumping duties on imports of halogenated rubber originating in the United States, the European Union and Singapore from Sunday.
JPMorgan hikes EM default forecast as Country Garden drives China contagion fears
JPMorgan expects the China property sector to account for nearly 40% of all high yield default volumes in emerging markets in 2023.
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