China’s ruling Communist Party pledged to accelerate a new housing model that emphasizes renting and ramps up affordable homes, following a record property slump.
Tagged By beijing
Mystery Bond Buyer Clears China Developer’s Debt at 90% Discount
The source of the money is shrouded in mystery. But a major Chinese real estate developer appears to be trying a novel approach to resolving its debt: it is working with a buyer to purchase…
China dominates global automobile exports in 2023 as EV demand surges, says DIGITIMES Research
China’s automobile exports have shown significant growth in recent years, with the export volume reaching 5.22 million units in 2023, nearly 800,000 more than Japan’s, making China the world’s largest …
China central bank cuts short-term policy rate
SHANGHAI (Reuters) – China’s central bank said on Monday it would cut the policy interest rate on seven-day reverse purchase agreements, known as reverse repos, to 1.7% from 1.8%. The People’s Bank of China said…
China hedge funds brace for upheaval from tough new rules
China’s $715 billion hedge fund industry is facing renewed pressure from stringent regulations coming into effect next month, forcing some investment firms to seek fresh capital from white knights or …
Exclusive: Illicit chip flows to Russia seen slowing, but China, Hong Kong remain transshipment hubs
Semiconductors and other restricted goods shipped through China and Hong Kong to fuel Russia’s war effort fell by a fifth this year previously undisclosed U.S. Commerce Department data shows, but Hong …
Column: After three years of exports China is now short of lead
The global lead market has bifurcated since the start of June, with Shanghai prices significantly outperforming that of the LME.
Beijing vows support for Macau, HK to become international top-notch talent hubs
Beijing pledged to “support Hong Kong and Macau in building themselves into international hubs for high-caliber talent, “according to the full text of the resolution adopted during the recently held T
Philippine officials say Manila and Beijing have reached a deal to avoid confrontations at a fiercely disputed shoal
Philippine officials say Manila and Beijing have reached a deal to avoid confrontations at a fiercely disputed shoal
Beijing backs Hong Kong bid to be talent magnet and better contribute to national opening-up
Communist Party third plenary session says Beijing supports Hong Kong’s status as ‘international finance, maritime and trading centre’.
China Shows Few Signs of Tilting Economy Toward Consumers in New Plan
The Communist Party rebuffed calls from economists to shift away from investment-led growth and toward consumer spending.
The lightness of Beijing’s third plenary
China’s third plenum, a major meeting that takes place only twice a decade, concluded on Thursday to plaudits from Beijing’s state-owned media. The Global Times, for instance, hailed the meeting for “drawing up a sweeping…
Manila, Beijing agree on an arrangement for ‘RoRe’ missions in Ayungin Shoal
The Philippines and China agreed on an arrangement for the conduct of future rotation and resupply missions to BRP Sierra Madre in Ayungin Shoal in West Philippine Sea (WPS), Department of Foreign Affairs (DFA) said…
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