Solomon Islands Prime Minister Manesseh Sogavare returned to Honiara on Monday after a week-long official visit to China, telling reporters Beijing would provide more budget support, and that criticism by Australia was “unneighbourly”.
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China property investment slide deepens in June as structural shift inflicts pain
The National Bureau of Statistics says the property sector is shifting from high-speed development to stable development in the medium to long term.
U.S. and China climate envoys meet to restart talks
Michael Holmes speaks with David Sandalow with the Center on Global Energy Policy at Columbia University, about what’s at stake as the climate envoys from the world’s top carbon emitters meet in …
Interest rate rises drive biggest postwar fall in UK household wealth; China’s GDP disappoints – business live
Rolling coverage of the latest economic and financial news, including China’s growth figures and a new report into rising interest rates …
Algerian President Tebboune arrives in Beijing for his 1st state visit to China
Algerian President Abdelmadjid Tebboune on Monday began his five-day state visit to China. Tebboune is making his first trip to Beijing since taking office in Dec. 2019, at the invitation of President Xi Jinping. The…
Hangzhou-based builder ZhongAn Group’s property management unit moves closer to Hong Kong listing, sets price of IPO shares
ZhongAn Intelligent Living, a unit of property developer ZhongAn Group, has finalised the price for its IPO shares, moving a step closer to completing a listing that has been in the works since 2021.
China’s frail Q2 GDP growth raises urgency for more policy support
China’s economy grew at a frail pace in the second quarter as demand weakens at home and abroad, with the post-COVID momentum faltering rapidly and raising pressure on policymakers to deliver more …
China’s tech hub Shenzhen to get indoor ski resort as big as ‘11 football pitches’ by 2025
The world’s largest indoor ski resort, Wanda Snow Park in northern China, is the size of about nine football pitches.
China Property Investment Drop Deepens as Beijing Vows Help
China’s property investment contracted at a steeper pace in the first half of the year, underlining the sector’s deepening downturn as policymakers pledge more support.
China eyes Algerian oil and gas as it receives Tebboune in Beijing
Algeria’s president will want to use next week’s visit to China to make a pitch for his country to join the five-nation alliance of emerging economies seen as an alternative to Western hegemony.
China reports second-quarter GDP miss, another record high in youth unemployment
Gross domestic product in the world’s second-largest economy was higher over the same period last year, but growth has slowed compared with the first quarter.
China’s Post-COVID Boom is Dead? Frail Q2 GDP Growth Suggests More Policy Support is Likely
Gross domestic product grew just 0.8% in April-June from the previous quarter, on a seasonally adjusted basis, data released by the National Bureau of Statistics showed on Monday.
China’s economy: does Xi Jinping need a plan B?
“You have orders and earnings coming down in the past 16 months, so it is very hard for businesses to be confident in that environment,” says Tao Wang, chief China economist at UBS Investment Bank.…