China’s economy grew 4.9% in the July to September quarter from a year earlier, the slowest pace in a year and worse than analysts had predicted. This was far slower from the previous quarter when…
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China Can ‘Contain’ Risks; Home Sales Drop: Evergrande Update
Risks posed to the Chinese economy by China Evergrande Group’s debt crisis can be contained, according to the central bank, which has stepped up its commentary amid further evidence of economic …
How China Uses Development Finance Strategically in South Asia
Ever since Chinese President Xi Jinping announced the Belt and Road Initiative (BRI) a few years ago, Beijing’s role in global development finance has driven both admiration and paranoia around the …
Beijing’s office market bounces back, but challenges remain
Beijing’s office market recorded positive performance in the third quarter but still faces pressure in the coming months, research from industry experts showed. According to Savills, an international …
China, Africa and the 3 years since Xi Jinping promised to rebalance trade
Beijing says it has largely delivered on the commitments it made at a summit in 2018, despite the pandemic but trade is still weighted in China’s favour, observers say.
China mandates 14 banks for $4 billion US dollar bond issuance – term sheet
China has mandated 14 banks for the planned issuance of dollar-denominated, multi-tranche bonds, subject to market conditions, according to a term sheet seen by Reuters on Monday. HONG KONG, Oct 18 …
China property shares firm after central bank says Evergrande woes manageable
Shares of Chinese property developers climbed on Monday (Oct 18) after China’s central bank calmed markets by saying spillover effects from Evergrande’s debt woes were controllable and the country’s …
Beijing Begins Crackdown on Financial Institutions
Beijing is reportedly concerned about the amount of money financial institutions have lent Evergrande, a leading property developer currently in over 300 …
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 …
China growth dips to 5% in third quarter on energy woes: poll
China’s economic growth is expected to have slowed further in the third quarter, according to an AFP poll of analysts, with a mounting energy crisis and property market tremors casting a pall as the …
China issues 8.98B bank cards in total
China had issued a total of 8.98 billion bank cards by the end of 2020, according to a blue paper. Transactions worth 792.8 trillion yuan ($123.24 trillion) were made through bank cards last year, …
China’s Economy Is Reeling From Successive Punches: Eco Week
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergThe Biggest Public Graveyard in the U.S. Is Becoming a ParkOut-of-Practice Airli …
China issues 8.98 bln bank cards in total
China had issued a total of 898 billion bank cards by the end of 2020 according to a blue paper Transactions worth 7928 trillio …
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