Few are standing tall in the troubled world of Chinese real estate. China Vanke , the second-largest developer by sales, reckons parts of the housing market are recovering . But weaker rivals are …
Recent Posts
China drives surge in online payments
At least 100 million Chinese adults joined the ranks of people making digital payments in 2021, leading the global surge in the use of online transactions amid the COVID-19 pandemic, which has spurred …
Sri Lanka crisis gives India chance to gain sway vs China
Sri Lanka’s strategic location has attracted outsized interest in the small island nation from regional giants China and India for more than a decade, with Beijing and its free-flowing loans and …
What Are the Policy Banks China Uses to Spur Economy?
China’s specialized policy banks were designed to help the government achieve its long-term goals in areas where profit-driven banks might be reluctant to lend. Beijing can also draw on them when …
US Believes China Still Hoping to Take Taiwan Without Force
Chinese President Xi Jinping “continues to prefer doing that peacefully” even as he prepares to launch a potential invasion, top US intelligence official says …
Column: China moves to buy more Russian oil, but will it help or hinder?: Russell
China is laying the groundwork to take an ever increasing share of steeply discounted Russian crude oil in a move that could, in theory at least, free up supplies from other countries and boost the…
Inside Didi’s RM264.33bil crash that changed China tech forever
But next year will be even tougher.” That somber gathering encapsulated what many in the room already suspected – the ride-hailing champion once feted for running Uber Technologies Inc out of China …
Asia Stocks Mixed After Wall St Down, China Manufacturing Up
Asian stock markets were mixed Thursday after the U.S. economy contracted and China reported stronger factory activity. (AP Photo/Lee Jin-man) The BEIJING (AP) — Asian stock markets were mixed …
What are ‘red chips’, and why are China’s state-owned companies such a big deal in Hong Kong’s stock market?
China’s state-owned enterprises (SOEs) have made their presence felt in Hong Kong over the years. Some of their major businesses and brands are household names to the locals, but the owners behind …
China’s factory, service sectors shake off 3 months of lockdown pain, PMI rises to 50.5 in May
While activity has sped up since various COVID lockdowns imposed since March have been rolled back, headwinds persist, including a still subdued property market, soft consumer spending and fear of any …
China will stick to its ‘zero Covid’ strategy even if it hurts the country’s economy, Xi Jinping says
“Our country has a large population. Such strategies as ‘herd immunity’ and ‘lying flat’ would lead to consequences that are unimaginable,” Xi said.
China summer railway travel expected to rebound as COVID curbs ease
BEIJING (Reuters) – As China loosens its months-long COVID-19 curbs, railway travel is expected to see an uptick in passengers just in time for the summer transport season, which starts on July 1. By …
CSL: Tianjin notches comeback win over Shenzhen
Shenzhen forward Hao Lin opened the scoring in the ninth minute with a low drive near the box, before Ba Dun of Tianjin scored a follow-up equalizer in the 21st minute after his teammate’s volley…