Agricultural Bank of China Ltd. plans to raise up to 160 billion yuan ($23.8 billion), while Industrial & Commercial Bank of China Ltd. is targeting 100 billion yuan in separate A-share private placements,
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China Property Moves to Fuel 30% Hit to Land Sales, Goldman Says
China’s recent overhaul of the way homes are sold will exacerbate already stretched local government finances, fueling a 30% drop in land sale revenues, Goldman Sachs Group Inc. economists said.
Goldman Sachs warns China’s housing overhaul will slash land sale revenues by 30%
Goldman Sachs warns China’s new completed-homes mandate will drive a 30% drop in land sale revenues, deepening local government fiscal strain.
Beijing to Inject Billions Into Banks, Insurers to Boost Growth
The fresh cash injection could help ease a squeeze on margins, bolster safety nets against bad loans and encourage increased lending.
China to pump $54bn into state banks and insurers to boost economy
China is pumping tens of billions of dollars into eight state-owned banks and insurance companies to help shore up the country’s financial system and boost its slowing economy. The cash injection, …
China’s export shock is pushing the global economy to a breaking point, and the US may have to clean up the mess, former trade official says
“The result is an industrial machine that cannot stop and cannot slow down—but that, owing to the limits of demand, cannot keep going.” …
China NEV imports sink as local brands crowd out foreign cars
China’s new energy vehicle import market continued to shrink in July, hitting its lowest level since 2026, as foreign automakers localize production and Chinese brands keep expanding their share.
Asia-Pacific Media Forum Opens in Shenzhen, Expands Regional Media Cooperation
The Asia-Pacific Media Forum opened in Shenzhen on Saturday, bringing together more than 400 representatives from over 220 media organizations, think tanks, government bodies, diplomatic missions, UN …
Chinese brands got so fast at developing new cars even China thinks they should slow down
AI could cut new-car development to mere months, but regulators fear quality and safety might pay the price …
In rare flurry of trips, Xi pitches China as stable alternative to US under Trump
Ahead of a state dinner with President Donald Trump, China’s Xi Jinping is courting global influence.
Why China won’t ban housing presales outright
Late August marked something of a watershed moment for China’s embattled property sector, now in its sixth year of decline. It began with Chinese courts kicking off proceedings to liquidate the …
Eala faces points penalty, fines if she skips Beijing Open for Asian Games without WTA exemption
MANILA, Philippines — Filipino tennis ace Alex Eala faces points penalty and fines if she skips the Beijing Open to play for the Philippines at the Asian Games in Nagoya without a Women’s Tennis …
On the ground in China’s wiped-out border zone, the fate of hundreds is still unknown
No survivors have been found at the port, which has become a focal point for families both in China and around the world desperate for any information about loved ones they believe were at the…
