The ongoing shortage of automotive chips is more severe than expected and automakers will see more pressure in the next few months as the short supply could last for a…
YUAN TALKS
Hong Kong will only allow large blank-cheque companies that raise at least HK$1 billion ($128 million) to list on its main board and ban retail investors from buying these so-called…
China's fiscal spending climbed back to growth in August and analysts believe that, given the persistent weakness in domestic amid Covid-19 flare-ups and rising downward pressure on the economy, Beijing…
Several Chinese regions have imposed restrictions on cement sector's power use and production, as part of national efforts to control energy consumption. That has driven cement prices soaring and some…
Trading restrictions were placed on nine onshore bonds sold by the flagship property unit of the troubled China Evergrande Group, after a local credit rating agency slashed the debts’ creditworthiness,…
Mainland China’s investors will be allowed to trade offshore bonds through an expansion of the Bond Connect scheme linking mainland and Hong Kong markets. The so-called southbound leg of the…
China’s crude steel output declined in August at a faster pace in August after posting the first drop this year in July amid China’s national campaign to reduce steel production.…
China’s new home prices grew at a slower pace in August as authorities stepped up efforts to rein in the housing market and some say a turning point for the…
China's retail sales slowed sharply in August and industrial production and investment activities also missed expectations, as fresh coronavirus outbreaks and supply disruptions threatened the economic recovery. Industrial output grew…
China’s live hog prices continue to decline despite the traditional peak season for pork demand before the Mid-Autumn Festival and National Day holiday, with prices in some regions back to…
China's financial hub of Shanghai sees second-hand home transactions slide in August amid stepped-up real estate restrictions and meanwhile, average second-hand home prices fell for the first time this year,…
Embattled property developer China Evergrande Group on Tuesday warned of growing default risks amid plunging home sales and said it has engaged advisers to examine financial options, sending its stock and…
Aluminium has become one of the best-performing metals so far this year driven by robust demand and short supply caused by production curbs amid China’s so-called “dual controls” on energy consumption and energy intensity to help…
The Beijing Electric Power Industry Association has joined 11 coal-fired power companies in petitioning authorities to raise electricity rates to avoid bankruptcy amid surging coal prices. Supply shortages have driven…
While top Chinese cities step up real estate restrictions to curb home price growth, several smaller cities have moved to limit home price drops after transaction volume fell significantly amid…
As Mid-Autumn Festival holiday approaches, China's tour bookings are surging as restrictions on movement have been mostly lifted following containment of recent coronavirus outbreaks. However, most travellers will be eschewing…
New bank loans in China grew at a pace slower than expected in August and the growth of total social financing slowed for the sixth consecutive month to hit the…
China's coal prices have remained high despite government measures to stabilize the market. Industry insiders expect the prices to remain elevated as power plants in North China have started restocking…