The purchasing managers’ index (PMI) for China’s manufacturing sector unexpectedly dropped to 49.2 in October from 49.6 booked in September, the latest data published by the National Bureau of …
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G20 Must Take the Lead in Regulating Crypto-Assets, Shaping Future Internet Economy
G20 should task OECD, in cooperation with Financial Stability Board, Financial Action Task Force, and IMF, to prepare guidelines for the regulation of crypto-assets.
China’s Factory Activity Shrinks in October for Second Month
China’s factory activity contracted for a second straight month in October, as electricity shortages and soaring commodity prices continued to weigh on manufacturers.Most Read from BloombergInto the …
China factory activity shrinks for second month as high material prices, power disruptions pressure manufacturers
China’s official manufacturing purchasing managers’ index (PMI) fell to 49.2 in October, while the official non-manufacturing PMI was down to 52.4.
Two thirds of China’s top developers breach state’s ‘red line’ on debt
Developers are facing rising financial stress as stricter rules around borrowing and a deleveraging campaign weigh on the sector.
Two thirds of China’s high builders breach state’s ‘pink line’ on debt
China’s indebted builders are struggling to fulfill Beijing’s tighter financing guidelines. Two-thirds of the highest 30 Chinese property companies by gross sales ranked by the China Real Estate Info …
New Zealand companies eye brand opportunities in China via CIIE, official says
File photo shows the exhibition booth of New Zealand at the third China International Import Expo (CIIE) in Shanghai, east China. (New Zealand Trade and Enterprise/Handout via Xinhua) This year, two …
China Oct official services PMI falls to 52.4 vs 53.2 in Sep
Activity in China’s services sector grew at a slower pace in October, official data showed on Sunday, as China combats small-scale COVID-19 outbreaks hitting mainly the north.
China’s Q1 soybean, grains imports heave on hard demand
China’s imports of soybeans, as swell as grains equivalent corn whisky and wheat, soared in the foremost quarter, boosted by substantial demand from the livestock sector, data from customs showed on …
ANALYSIS: President Xi Jinping’s pledge to redistribute wealth brings back bad memories for luxury brands in China
Chinese President Xi Jinping’s national campaign for ‘common prosperity’ has cast a shadow over an industry that counts the country as one of its biggest markets: luxury goods …
Xi’s campaign for ‘common prosperity’ brings back bad memories for luxury brands in China
President Xi Jinping’s push to redistribute wealth in China through a “common prosperity” campaign has unsettled some luxury market investors. It has cast a shadow over an industry that counts the …
China Struck By Diesel Shortage
There is one recurring problem with central planning: the greater the level of intervention, the worse and more widespread the unexpected adverse consequences. Just two days ago, when we reported …
China’s Demographic Problem Set To Torpedo Its Economy, Report Warns
The big problem is that the country is going to run out of its most productive workers. Ultimately, this means that growth will start grinding to a near crawl, at best. “Most analysts believe China…
