Smoke billows from a chimney as workers leave a factory in rural Gaoyi county near Shijiazhuang Thomson Reuters By Meng Meng and Elias Glenn SHIJIAZHUANG, China (Reuters) – Severe natural gas shortages are hitting businesses…
Tagged By beijing
Another deadly blaze strikes Beijing as evictions draw fury
BEIJING (AP) — Five people died in an east Beijing fire, underscoring the challenges for the Chinese capital as it struggles to balance building safety with providing housing for its poor. Local media reported that…
China’s Class of 1977: I took an exam that changed China
The news came just before midday … The exams in that year marked the beginning of China’s opening up and reform and the Class of ’77 went on to become the backbone of China’s transformation…
Feeding China’s appetite for jellyfish would take food from turtles, group warns
“China is a huge market. The idea they have fished out other … The department said no one was available for an interview with CBC News on the issue. Hoskings said the province is trying…
China raises market rates as data shows economic growth moderating
BEIJING/SHANGHAI (Reuters) – China’s central bank on Thursday nudged up money market rates as authorities sought to defuse financial risks without imperiling the economy, a balancing act that it has managed successfully so far this…
REFILE-UPDATE 1-China Nov property investment growth slows, sales pick up
* Nov property investment growth +4.6 pct vs +5.6 pct in Oct – Reuters calculation * Nov property sales +5.3 pct vs -6 pct in Oct * Nov New construction starts +18.8 pct vs -4.3…
China November property investment growth slows, sales pick up
BEIJING (Reuters) – Growth in China’s property investment cooled in November as an official crackdown on riskier lending and stiffer regulation of the real estate market took effect. Property investment growth eased for a second…
Lexinfintech slashes U.S. IPO size as China reins in micro-lenders
following a recent crackdown by Beijing on fast-growing online micro-lenders. Lexinfintech, which focuses on loans to educated young adults between 18 and 36, including loans for online shopping, had planned to raise up to $500…
Growth in China property investment slows to 7.5 percent in January-November
BEIJING (Reuters) – Property investment in China rose 7.5 percent in January-November from the same period a year earlier, slowing from an 7.8 percent gain in the first 10 months of 2017, official data showed…
Lexinfintech slashes U.S. IPO as Beijing reins in micro-lenders
HONG KONG (Reuters) – Chinese consumer lending firm Lexinfintech has slashed the size of its initial public offering to between $108 million and $132 million – a move that comes in the wake of a…
In Beijing, helping freezing migrants will get you in trouble with the law
Inside room B209 at the Family of Fortune and Prosperity apartment building near Beijing’s capital airport, You Juhong’s eyes brim with tears as she speaks. “In 2008, Beijing welcomed you. In 2016, Beijing hated you.…
China Names and Shames Tech Tycoon With Debt Blacklist
As China’s economy matures, officials are concerned by the … purchase cars that are not necessary for business operations, travel for leisure or pay for their children to study at private schools. Hu Wenyou, a…
China’s property price rally to stall in 2018 as small city boom wanes: Reuters poll
BEIJING (Reuters) – China’s home price growth is likely to stall in 2018 as a surprise boom in smaller cities is expected to lose steam while measures to tighten credit and other property curbs continue…
