China’s September new construction starts slumped for a sixth straight month, the longest spate of monthly declines since 2015, as cash-strapped developers reined in investment and put a pause on …
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China’s new construction starts plunge as chill spreads across sector
China Q3 GDP growth hits 1-year low, raising heat on policymakers
China’s economy grew at the slowest pace in a year in the third quarter, hurt by power shortages, supply bottlenecks and sporadic COVID-19 outbreaks and raising heat on policymakers amid rising …
China’s economic growth weakens amid construction slowdown
China’s economic growth sank in the latest quarter a a slowdown in construction and curbs on energy use weighed on its recovery from the coronavirus pandemic. The world’s second-largest economy grew …
China Q3 GDP: China’s economy grew 4.9% in the third quarter
China’s economy grew just 4.9% in the third quarter of 2021, the weakest rate of expansion in a year as the country contended with a major energy crunch, supply chain disruptions, and deepening debt …
PBOC’s Yi Says China Can ‘Contain’ the Risk From Evergrande
Most Read from BloombergThe Biggest Public Graveyard in the U.S. Is Becoming a ParkWhy Buying a Second or Even Third Home Is Becoming More Popular Than EverOut-of-Practice Airline Pilots Are Making Er …
Top 10 Influential Brands of 2021 in Asia
The basic indicators used by World Brand Lab to evaluate the influence of Asian brands included market share, brand loyalty and global leadership. The “Asia’s 500 Most Influential Brands” list has …
China’s energy crisis to help Indian chemical, steel firms
The economic rebound has exposed the shortage of fuel used for power generation.In India, industries are scrambling for coal supplies as CIL focuses on deliveries to the power sector …
Asian shares jittery ahead of China GDP; oil hits fresh highs
Asian shares were on edge on Monday morning ahead of the release of Chinese economic data for the third quarter, as investors fret about the health of the world’s second-largest economy even as U.S …
Goldman Sachs gets regulator nod for full ownership of China securities JV
Goldman Sachs said on Sunday it received an approval from China’s securities regulator to take full control of its mainland securities business. The U.S. bank said it will buy the remainder of Goldman …
China reports 24 new COVID-19 cases on Oct 17 vs 20 a day earlier
China reported 24 new confirmed COVID-19 cases for Oct. 17, up from 20 a day earlier, its health authority said on Monday. Two local cases were found in the northwestern city of Xian, while the…
Live COVID-19 updates: South Sudan to roll out mass COVID-19 testing
The following are the updates on the global fight against the COVID-19 pandemic. – – – – JUBA — South Sudan’s government said Sunday it plans to roll …
Faced with a power crisis, China may have ‘little choice’ but to ramp up coal consumption
China has to balance an immediate need to keep the lights on — via more coal — and its ambitious decarbonization targets, said Gavin Thompson of Wood Mackenzie.
China property shares firm after PBOC says Evergrande woes manageable
Shares of Chinese property developers climbed on Monday after China’s central bank calmed markets by saying spillover effects from Evergrande’s debt woes were controllable and the country’s economy is …