China is ramping up support of the embattled real estate sector as growing stress in the industry threatens to deepen an economic slowdown.Most Read from BloombergSouth Africa Hospitalization Rate …
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China key as global economic recovery struggles
Risks and uncertainties continue to stalk the global economy as it struggles to recover from the COVID-19 pandemic. Yet China is battling all odds to maintain stable economic growth and help the world …
China Telecom Honored with “The Best of Asia – Icon on Corporate Governance”
China Telecom Corporation Limited (“China Telecom” or “the Company”; HKEx: 00728; SSE: 601728) was awarded, for the 14th time, “The Best of Asia – Icon on Corporate Governance” in the “Corporate …
Xi Jinping has been taking on China’s capitalists. Here’s why that will change in 2022
Chinese leader Xi Jinping pledged to spend 2021 reining in “disorderly” private businesses that were growing too powerful and taking on too much risk.
Former China official warns of yuan weakness in 2022 as economy slows
China should prepare for its currency to pull further away from recent highs if economic data continues to disappoint next year, a former senior official at the country’s foreign exchange regulator …
Goldman Sachs says investors need not be negative on China’s high-yield property market in 2022
Kenneth Ho of the investment banking company says although 2022 will still be a difficult year for China’s high-yield property sector, investors need only be “a little bit more cautious.” …
Pro-Beijing ‘patriots’ sweep Hong Kong election with record low turnout
Forty seats were selected by a committee stacked with Beijing loyalists, while the remaining 30 were filled by professional and business sectors such as finance and engineering, known as …
Pro-Beijing candidates sweep Hong Kong vote as turnout plunges
Pro-Beijing candidates have swept to victory in Hong Kong’s “patriots-only” legislative election, with turnout hitting a record low amid China’s crackdown on the city’s freedoms. Some 30.2 percent of …
Pro-Beijing candidates sweep ‘patriots’-only Hong Kong vote amid low turnout
Beijing candidates swept to victory in an overhauled “patriots”-only legislative election in Hong Kong that was deemed regressive by critics, with turnout hitting a record low amid a crackdown on the …
The Chagrin of Beijing and the Problem of Time
To the chagrin of Beijing, the Chinese yuan is the strongest currency in the world this year, rising a modest 2.4% against the US dollar. In word and deed, Chinese officials sought to discourage the…
Pro-Beijing candidates sweep ‘patriots-only’ Hong Kong vote
Pro-Beijing candidates swept to victory in an overhauled “patriots-only” legislative election in Hong Kong that was deemed regressive by critics, with turnout plunging to a record low amid a crackdown …
Chinese banks cut borrowing costs for first time in 20 months
Chinese banks lowered borrowing costs for the first time in 20 months, providing support to an economy showing strain from a property slump and sporadic virus outbreaks. . Read more at …
China’s central bank cuts a benchmark rate for the first time since the pandemic
The last time the central bank cut the one-year and five-year LPR was in April 2020, according to data from Wind Information.
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