Posted in MARKET POLICY & REGULATION

China’s thermal coal futures tumbled 47% in eight days, regulators meet to discuss measures to intervene in coal prices

China’s thermal coal futures tumbled for the seventh consecutive trading day on Wednesday as regulators met to discuss…

Posted in OPINION & ANALYSIS

One third Chinese property developers could see liquidity strained – S&P Global Ratings

One third of China’s property developers could see their liquidity “acutely strained” in the worst case scenario as weaker sentiment…

Posted in DATA

China’s industrial profits grew at faster pace in September boosted by mining, raw material industries

Profits at China’s industrial companies grew at a faster pace in September despite surging prices and supply chain…

Posted in OPINION & ANALYSIS POLICY & REGULATION

PBOC injects 700 billion yuan via reverse repo in five days, analysts say RRR cut basically unlikely this year

Chinese central bank injected 700 billion yuan liquidity to the banking system via open market operations in five…

Posted in MARKET POLICY & REGULATION

One more Chinese property developer missed dollar bond payment, regulators meet companies over foreign debts

Chinese property developer Modern Land (China) Co Ltd said it had missed a debt payment, the latest in…

Posted in POLICY & REGULATION

China issues action plan to help achieve carbon emission peak by 2030

China will take a raft of measures including reducing waste, promoting renewables and unconventional fuel and reforming electricity…

Posted in NEWS

China can achieve steel output cut target this year, steelmakers’ profits more than doubled in first nine months – industry body

Chinese steelmakers’ net profit more than doubled in the first nine months of the year and the steel…

Posted in BRIEF DATA

China’s passenger car sales increased on month in September, penetration of new energy passenger vehicles hit 19.5%

China’s passenger vehicle output and sales reached 1.77 million units and 1.75 million units in September, respectively, representing…

Posted in DATA

China’s fiscal revenue, spending declined on year in September

China’s fiscal revenue and spending both declined on year in September due to high comparison base last year…

Posted in IN-DEPTH POLICY & REGULATION

China to roll out five-year property tax pilot in some regions

China’s top legislature said the country will roll out a pilot scheme of property tax in selected regions,…

Posted in MARKET NEWS

China Evergrande paid $83.5 million of overdue offshore bond coupon before 30-day grace period ends

China Evergrande Group paid the $83.5 million interest payment on its offshore bond, just before a 30-day grace…

Posted in MARKET

China’s thermal coal recorded worst week in five months on government intervention

China’s thermal coal futures notched their worst week in five months, after Beijing vowed intervention to boost supply…

Posted in NEWS

More regions move to float power prices amid energy shortage

China’s East Zhejiang province is the latest local government to raise electricity prices and change peak-demand hours following…

Posted in IN-DEPTH

Container shipping rates finally drop, costs from China to US down more than 30%

Container shipping rates have been declining since late September, with the freight costs from Asia to the United…

Posted in CHART DATA

Home mortgage rates in major Chinese cities drop in October for first time this year

Home mortgage rates in some Chinese cities start falling in October after policymakers sent positive signals for the…

Posted in IN-DEPTH

China’s hog prices rebound 30%, analysts say down cycle to last till early next year

China’s live hog prices see long-awaited rebound recently, jumping more than 30 per cent in two weeks, but…

Posted in BRIEF DATA

China’s vegetable prices surge after rainstorms hit main production regions

China’s vegetable prices are surging after rainstorms hit several regions in North China and disrupted supply of agricultural…

Posted in DATA IN-DEPTH

China’s new home price index for 70 major cities fell for first time in six years, 70% of the cities saw second-hand price drop

China’s new home price index dropped month on month in September for the first time in six years,…