The Beijing Municipal Environment Protection Bureau on Oct. 18 announced that the monthly average PM2.5 level in September was 30 micrograms per cubic meter, down 48.3 percent from the same period las… ( read original…
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China moves to lift confidence as economic growth hits weakest pace since 2009
China’s once high-flying automakers are now feeling the brunt of weaker consumer spending. Car sales fell the most in nearly seven years in September, data showed last week, with GM (NYSE:GM – News) a… (…
China economic growth slips to weakest since 2009, demand ebbs as trade war bites
China’s once high-flying automakers are now feeling the brunt … Data last week showed car sales fell the most in nearly seven years in September. GM (NYSE:GM – News) saw sales fall 15 percent in…
China’s third quarter growth misses expectations at 6.5%
China has reported its slowest quarterly growth rate since the global financial crisis. The growth figure for the July to September quarter was 6.5% from a year earlier, the National Bureau of Statist… ( read…
China Verbal Intervention Leaves Stock Investors Wanting More
(Bloomberg) — China’s top financial officials moved to shore up investor confidence in the country’s tumbling stock market, a rare coordinated show of verbal support that failed to immediately put a … ( read original…
China’s September property investment slows, sales fall
BEIJING (Reuters) – Growth in China’s real estate investment eased in September and home sales fell for the first time since April, pointing to growing strains in a major driver of economic activity. … (…
China January-September property investment up 9.9 percent year-on-year
BEIJING (Reuters) – Real estate investment in China rose 9.9 percent in the first three quarters of 2018 versus the same period a year earlier, official data showed on Friday. That compared with a 10.…
China’s Biggest Property Developer Sheds $37 Billion in Value
(Bloomberg) — China Vanke Co.’s share chart looks like one of the jagged mountains that founder Wang Shi famously loves to climb. The firm has shed $37 billion in market capitalization from its Janua… (…
China Electric Scooter Maker Raises $63 Million in Downsized IPO
Niu Technologies, the Chinese maker of smart electric scooters, raised $63 million after downsizing its U.S. initial public offering. The Beijing-based company sold 7 million American depositary share… ( read original story …)
Why Tencent Music’s IPO Is on Hold, but Another Tech IPO Forged Ahead Anyway
With just about everything with “China” attached to it getting punished by investors, it makes good sense for Tencent to delay a spinoff it doesn’t absolutely need. The Reuters report claims that Tenc… ( read…
Beijing-Zhangjiakou high-speed railway nears completion
The major steel structure of Qinghe Railway Station along the Beijing-Zhangjiakou high-speed railway achieves milestone on Oct 17. [Photo provided to chinadaily.com.cn] The construction of a railway s… ( read original story …)
China’s third quarter GDP growth slowest since 2009, misses expectations
BEIJING (Reuters) – China’s third quarter economic growth slowed to its weakest pace since the global financial crisis, and missed expectations, as a years-long campaign to tackle debt risks and the t… ( read original…
China third quarter GDP growth slows to 6.5 percent year-on-year, missing forecast
BEIJING (Reuters) – China’s economy grew at a slower than expected pace of 6.5 percent in the third quarter from a year earlier, marking the weakest rate since the global financial crisis … ( read…