Moody’s Analytics expects China to make every effort to avoid a hard landing as it seeks to tame the housing market while financing pressure on developers has mounted.
Tagged By beijing
Evergrande risks rub up against China’s attempts to rein in property sector
Metrics introduced to cap debt ratios show Beijing’s aim of restructuring the market, but Evergrande’s staggering debts may force the government to shore up the sector.
CHINA IMPORT EXPORT BANK
Export bank granted loans worth almost $120 billion to the developing countries of Asia-Pacific regions. But the question arises: what is the intention behind providing these loans? “The inclusion of …
China defends visa curbs against stranded Indians, calls it ‘appropriate’ to contain COVID-19
Indian ambassador to Beijing Vikram Misri expressed “disappointment” over China’s reluctance to permit the return of thousands of stranded Indian students, employees and their families due to the COVI …
UN-Habitat, Shenzhen team up to study urban development
The United Nations-Habitat Programme teamed up with the city of Shenzhen on Monday on ways cities can innovate in their development. “A Virtual Expert Group Meeting on Culture, Creativity and Urban …
Pakistan flag returned from space journey handed over to Pakistan Embassy in Beijing
Pakistan national flag that was carried to China space station onboard the Shenzhou-12 spacecraft was handed to the Embassy of Pakistan at a special hatch-opening ceremony held here at the China …
Goldman cuts China’s growth forecast, citing power crunch as ‘yet another growth shock’
The Wall Street banking giant expects China’s economy to grow 7.8% in 2021 compared with a year. That’s lower than its previous forecast for an 8.2% expansion.
China lets US siblings return home after three years
Two American siblings banned from leaving China for the last three years have been allowed to go home. Cynthia and Victor Liu, along with their mother, were accused of “economic crimes” while on a …
China energy crunch triggers alarm, pleas for more coal
As a severe power crunch roils China’s northeastern industrial heartland, senior officials face mounting pressure from alarmed citizens to ramp up coal imports thick and fast in order to keep lights …
Beijing sees best air quality in first eight months
The average PM2.5 density in Beijing stood at 34 micrograms per cubic meter of air from January to August this year, the lowest for the period on record, authorities said last Sunday.
Bitcoin cocks a snook at China’s cryptocurrency ban
After the initial hiccup, Bitcoin price is back. While the China cryptocurrency ban spooked Bitcoin investors, the crypto has rebounded, much to everyone’s surprise. Ether did even better.
White paper details China’s global contributions
China issued a white paper titled “China’s Epic Journey from Poverty to Prosperity” on Tuesday, detailing the achievements it has made with its economy, environment and global participation, among …
China has new way for humanity to modernise: Beijing
In achieving a moderately prosperous society, China has gained new experience of modernisation for humanity, said a white paper released by the …
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