China’s outstanding property loans by the end of June rose 13.1% from a year earlier to 47.40 trillion yuan ($6.79 trillion), the People’s Bank of China (PBOC) said on Friday. ( read original story …)
Tagged By beijing
Chinese Property Giant Vanke Takes Stake in Ailing Rival Tahoe
A unit of one of China’s largest property companies agreed to buy 19.9% of Tahoe, offering hope to many households that have made big outlays on unfinished apartments. ( read original story …)
BSN says decoupling is to meet compliance rules in China
To ensure compliance in China while maximizing its allure internationally, the BSN is decoupling its governance and open-sourcing the international version. ( read original story …)
Shocked Hong Kong in a new era under ‘white knuckle’ China grip
Hong Kong was an anomaly. A free and partially democratic city under Chinese rule, protected by a tradition of firm rule of law from the British colonial era, and a promise from Beijing of freedoms…
Defiant Hong Kong Activists Vow To Resist China Crackdown
Hong Kong’s democracy camp will continue to fight communist China’s crackdown on political freedoms, activists vowed Friday after a devastating month of election disqualifications, arrests for social … ( read original story …)
OnePlus Buds TWS earphones launched in China for 499 yuan ($71)
Along with the OnePlus Nord mid-range smartphone, the Chinese brand also unveiled its first true wireless earphones — OnePlus Buds. Now, the OnePlus Buds TWS earphones have officially been launched in … ( read original…
Exclusive: TikTok owner ByteDance considers listing China business in Hong Kong or Shanghai – sources
Chinese tech giant ByteDance is considering listing its domestic business in Hong Kong or Shanghai, people familiar with the matter told Reuters, against a backdrop of rising Sino-U.S. tensions over … ( read original story…
China’s luxury retail sector is booming even amid the coronavirus outbreak: Hang Lung Properties
The luxury retail market in mainland China has been “very, very strong” from April to July and is likely to hold up well for the rest of the year as long as there is no…
Burberry Shakes Up Shopping With Physical, Digital Shenzhen Store
LONDON — Burberry is looking to break new retail ground in Shenzhen, China, today with a store that fuses physical and digital elements and asks shoppers to press their WeChat accounts into … ( read…
China’s manufacturing improves in July, exports strengthen
A survey shows China’s manufacturing activity edged up in July and export orders strengthened despite weak U.S. and European demand, in fresh signs the world’s second-largest economy is gradually reco … ( read original story…
Hope, Despair, Control: The 1950s China My Father Saw, Echoed Today
William Stevenson was one of the first foreign correspondents to visit the People’s Republic of China. Decades later, despite its transformation, I recognize the same country. ( read original story …)
A cold war does not answer China’s challenge
The cold war drum is being beaten most loudly by Donald Trump’s US administration. It is easy to see why. Mr Trump thinks his belligerent stance towards Beijing is worth votes in November’s … (…
China nonmanufacturing PMI dips in July
China’s official gauge of business activity outside factory floors eased slightly in July amid declining service activity and demand due to … ( read original story …)