“Economic data in June and July remains rather disappointing,” said Will Shum, research director at iFAST Financial in Hong Kong. “Given the size of the stimulus launched and also the aggressive …
Tagged By financials
China’s Lenovo posts slowest revenue rise in 9 quarters on PC downturn
China’s Lenovo Group recorded its smallest revenue growth in nine quarters as the world’s biggest PC maker saw sales of the devices ease after a pandemic-fuelled boom, and it was also hit by COVID-19 …
Tech Leads China Stock Selloff on Inflation, Earnings Woes
Tech shares led a broad slump in Chinese stocks Wednesday, as investors turned cautious over worries about the nation’s fragile economic recovery and potential market impact from US inflation …
China Blames Taiwan’s Leaders for Increasing Risk of War
China won’t rule out the use force to unify the two sides, the paper said, reaffirming the Communist Party’s long-stated position that it would reserve all necessary options. “The …
China’s Consumer Prices Jump, Adding to Inflation Concerns
(Bloomberg) — China’s consumer inflation accelerated in July to the highest level in two years, complicating Beijing’s efforts to get its Covid-hit economy back on track with more stimulus. Most Read …
Why people in China stopped paying their mortgages
“Construction stops, mortgage stops. Deliver homes and get repaid!”That was one of the chants disgruntled apartment buyers in China used at a protest in June. But their ire over unfinished homes …
China property crisis: Why homeowners stopped paying their mortgages
That was one of the chants disgruntled apartment buyers in China used at a protest in June. But their ire over unfinished homes didn’t stop at signs and chants. Hundreds of them stopped paying their…
Foreign Investors Exit China Bonds for Fifth Straight Month
A slowing economy has driven foreign investors out of China bonds for a fifth straight month. China’s $20 trillion bond market has suffered continuous foreign outflows since February amid rising …
China’s Cities Face Tough Choice: More Green Energy or Food
China’s plans to accelerate its world-leading expansion of solar and wind power are facing a major hurdle as floods, droughts and food-supply issues present authorities with a reality check about how …
China’s mortgage boycotts are a symptom of a broader crisis
For years, China’s property developers operated along similar lines. They would sell flats far in advance of building them. The money raised for these flats was supposedly reserved for building them, …
What we know so far about ‘Langya,’ the new virus discovered in China
According to data from Taiwan ’s Centers for Disease Control (CDC), though the virus has already infected 35 people, none have become seriously ill or died. The virus has been identified in China ’s …
China allies: China’s key allies as Taiwan warns of impending ‘invasion’
CHINA’S posturing over Taiwan has raised fears that the global superpower may soon move to annex its island neighbour, potentially igniting a global conflict in a world still reeling from Putin’s …
China discovers potentially fatal new virus passed to humans from shrews
The Langya Henipavirus, known as ‘Langya’, has already infected 35 people says Taiwan’s Centers for Disease Control …