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 products. According to data released by the …
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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, as the chill in the housing market …
China’s mobile phone shipment fell 8.1% on year in September – CAICT
China’s mobile shipments fell 8.1% in September from a year earlier to 21.4 million units, including 15.12 million units of 5G-enabled mobile phones, up 8.1% …
China iron ore recovers from four-day loss on lower shipments and arrivals, outlook remains bleak
Benchmark iron ore futures on China’s Dalian Commodity Exchange recovered from four consecutive sessions of losses on Tuesday, gaining over 1 per cent on falling …
China’s GDP growth slowed sharply to 4.9% in Q3 amid power crunch, supply chain bottlenecks, Covid-19 flare-ups
China’s economic growth slowed sharply in the third quarter to the weakest pace in a year as economic activities were disrupted by power shortages, supply …
China industrial production slowed in September amid energy curbs, power shortage
China’s industry production slowed significantly in September amid energy control measures and a shortage of power supply. The country’s industry output increased by 3.1 per …
China’s retail sales picked up in September as Covid-19 resurgence eased, catering spending improved significantly
China’s consumption growth picked up significantly in September as the Covid-19 resurgence in the country’s eastern regions eased. Retail sales, a key measure of consumer …
China’s overall investment slowed, real estate investment weakened while infrastructure investment picked up slightly
China’s overall investment slowed in the first three quarters mainly dragged by weakening real estate investment, although a recovery in infrastructure investment and stable manufacturing …
China’s top five pig farmers likely lost up to nearly 20 billion yuan in Q3 due to slumping pork prices
China’s top five hog breeders likely recorded a combined net loss of nearly 20 billion yuan in the third quarter of this year amid slumping …
China’s GDP growth likely slowed further in Q3 due to energy curbs, slowing housing market, analysts say
China’s economic growth likely slowed further in the third quarter of the year amid Covid-19 resurgence, energy control measures and a slowdown in the real …
Land market in Beijing turning cold, land sales in latest auctions nearly halved from five months ago
Land market in China’s capital of Beijing is turning cold as real estate developers face tight financing and slowing home sales. Among the 43 land …
China’s lithium prices jump above 180,000 yuan/tonne mark to hit new record high amid strong NEV demand
China’s lithium price has jumped above 180,000 yuan per tonne mark to hit a new record high driven by robust demand for new energy vehicles …
China’s PPI growth hit record 10.7% in September driven by surging commodity price, energy curbs
China’s factory-gate inflation hit the highest level on record in September driven by soaring commodity prices and measures to curb energy use, while consumer inflation …
China’s home prices fell at faster pace in September – CICC
Weighted average transaction price index for homogeneous second-hand homes in China’s 11 key cities declined 1.6% in September from the previous month, while the index …
China’s credit growth hit slowest since 2017 in September, analysts expect pickup in Q4
China’s credit growth hit the slowest pace since 2017 mainly dragged by the slowing housing market and sluggish credit demand from the corporate sector. Chinese …
China’s PPI growth likely jumped above 10% and hit new record high in September, analysts say
China’s of factory-gate prices likely accelerated further in September, with Producer Price Index (PPI) likely jumping above 10 per cent to hit the highest on …
China’s September exports unexpectedly accelerated to hit new record high
China’s export growth unexpectedly accelerated in September to hit the highest monthly level on record, as solid global demand ahead of year-end holidays and price …
China’s new energy vehicle sales hit record high in September, overall car sales fell nearly 20% on year
China’s new energy vehicle sales soared to an all-time high in September while overall car sales slid nearly 20 per cent on year amid the …
Fundraising by property trust products in China slid 44% amid growing concerns over real estate sector
Fundraising by property trust products in China tumbled more than 40 per cent in September from the previous month amid growing market concerns about the …
China’s services sector returned to growth in September as Covid-19 resurgence eased – private survey
China’s services sector returned to growth in September as activities recovered rapidly after COVID-19 outbreaks in East China’s Jiangsu province were brought under control. The …
China’s new home sales slid on year during National Day holiday as housing market cools down further
China’s new home sales during the week-long National Day holiday declined significantly from a year earlier, led by sharp drops in lower-tier cities, as the …
Homes sales of China’s 50 major property developers slid in September
Shenwan Hongyuan Securities: China’s 50 major property developers’ property sales (red line in the chart) reached 705.2 billion yuan in September, falling 10% from the …
Home mortgage rates in some Chinese cities decline after climbing for months
Home mortgage rates in some Chinese cities decline recently after climbing for months, which some believe is a signal of easing mortgages after top financial …
China’s factory activity contracted in September for first time since March 2020
China’s factory activities contracted in September for the first time since March 2020 mainly due to a slowdown in energy-intensive industries, while services sector bounced …
How severe is coal shortage behind China’s ongoing power crunch?
Several regions in China are in the grip of a power crunch partly caused by short coal supplies and surging coal prices. Industry insiders say that …
China’s industrial profit growth slowed for 6th straight month in August
Growth of China’s industrial profits slowed in August for a sixth consecutive month as companies struggled with high commodity prices, Covid-19 flare-ups and shortages in …
Analysts downgrade China’s 2021 growth outlook amid energy use restrictions, power crunch
China’s ongoing energy use restrictions and power crunch are hurting industrial production across several regions and dragging on the country’s economic growth, analysts say. The …
China’s land market is cooling, with lower price premium and more failed land auctions
China’s land markets have cooled significantly since August after several cities adjusted land auction rules to rein in land price grwoth and as homebuilders’ financing …
Chinese property developers’ financing plunged in August amid tightening regulations, deleveraging efforts
Chinese real estate developers’ total financing plunged in August amid tightening restrictions on lending to the sector and homebuilders’ continued deleveraging efforts to meet regulatory …
Cross-border yuan settlements hit new record high in 2020 – PBOC report
China’s cross-border settlements in the yuan hit a new record high in 2020 and the share of the yuan in the overall cross-border settlements also …
Major Chinese property developers’ cash dropped for first time in five years, interest-bearing debt grew at slower pace
Major Chinese property developers’ cash holdings declined in the first half of the year for the first time in five years and their total interest-bearing …
China’s fiscal spending returned to growth in August, while fiscal revenue grew at slowest pace this year
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 …
China’s crude steel output fell at faster pace in August amid national campaign to cut steel production
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 …
China’s new home price growth slowed in August as property restrictions step up, some say turning point for housing market emerges
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 …
China’s retail sales slowed sharply in August amid Covid-19 resurgence, industrial output, investment both missed expectations
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 …
China’s hog prices continue to drop despite holiday season, analysts expect downtrend to last until next year
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 …
Shanghai’s second-hand home sales slid in August amid stepped-up property curbs, prices fell for first time this year
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 …
Shanghai aluminium hit new record high amid robust demand, production curbs
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 …
China’s tour bookings surge for Mid-Autumn Festival, most choose short-distance travel as Covid-19 concerns linger
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, …
China’s new bank loan growth slower than expected, total social financing growth slowed for sixth straight month to hit lowest since December 2018
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 …
China’s coal prices remain high as power plants start restocking for winter heating season, supply remains tight
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 …
China’s factory-gate price inflation hit highest since 2008 driven by rising commodity prices, while consumer inflation eased further
Factory-gate price inflation in China hit the highest level in 13 years in August driven by surging prices of coal, chemicals and steel products, while …
China’s cement prices climb significantly as demand strengthens while supply remains tight
China’s cement prices have been climbing since late August amid rising demand in the traditional peak season and as local government bond issuance picks up …
China’s exports unexpectedly grew at faster pace to hit new record high in August
China’s exports grew at a faster pace in August to hit a new record high driven by robust global demand despite high comparison base a …
China’s foreign exchange reserves fell in August due to changes in asset prices
China’s foreign exchange reserves fell to $3.2321 trillion at the end of August, down $3.8 billion from a month earlier, official data showed Tuesday. The …
Shenzhen’s second-hand home sales tumbled over 80% on year in August amid tightening property curbs, prices of school district homes hit hard
China’s technology hub of Shenzhen saw second-hand home transactions tumble by more than 80 per cent in August from a year earlier after the local …
China’s heavy truck, excavator sales plunged in August, rebounds expected in coming months as local government bond sales pick up
China’s heavy truck and excavator sales plunged in August on year after robust growth in the first half of the year. Analysts believe the worst …
China’s services sector shrank in August for first time since April 2020 amid Covid-19 resurgence – private survey
China’s services sector activities slipped into sharp contraction in August due to a series of Covid-19 flareups, a private survey showed on Friday, in line …
Several large banks’ real estate bad loan ratio increase in first half, most banks saw share of real estate lending drop amid tighter scrutiny
Several large Chinese commercial banks saw bank loan ratio for their real estate-related lending increased in the first half of the year after authorities tightened …
China’s manufacturing activities slip into contraction in August for first time since May 2020
China’s manufacturing activity slipped into contraction in August for the first time in since May 2020, as COVID-19 containment measures, supply bottlenecks and high raw …