BMW will pay €3.6bn to increase its stake in a Chinese joint venture to 75 per cent by 2022, following Beijing’s relaxation of investment restrictions in the automotive sector, which….
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The Hang Seng index surged 2.1 per cent to close at, the best one-day performance in three years, after a 4 per cent slump. The Hang Seng China Enterprises index….
China saw a major stock market meltdown in the first week after the Golden Week holiday amid a global selloff. The benchmark Shanghai Composite slumped 7.6 per cent in the….
China imported 15 million tonnes copper ores in the first nine months, up 19.5 per cent from a year earlier, accelerating from a 17.9 per cent growth for the first….
China surprised the market with a robust growth in exports and posted a record trade surplus with the US amid an escalating trade dispute between the world’s two largest economies…..
The Chinese Finance Ministry issued $ 3 billion sovereign bonds and 5 billion yuan of dim sum bonds in upsized sales in Hong Kong on Thursday, at a time of heightened….
Chinese stocks see a selloff on Thursday after US stocks plunged overnight. The Shanghai Composite slumped 5.2 per cent to close at 2583, breaking through the four-year suppot level of 2638….
China’s debt level has stabilised and China’s 2018 growth target can be achieved, said the People’s Bank of China (PBOC) Governor Yi Gang in an interview with Chinese news media….
China’s Ministry of Finance has announced the sale of 4.5 billion yuan in dim sum bonds in Hong Kong on Wednesday, including 1.5 billion yuan in five-year bonds with a yield….
China’s top policy makers said they will scrap cash subsidies for new projects to tear down and redevelop shantytowns in cities with low housing inventory and hot property markets, a….
The People’s Bank of China announced that it will lower the reserve requirement ratio (RRR) by 100bp for most banks, and it will release about 1.2 trillion yuan liquidity, including 450….
Chinese tech heavyweight Huawei Technologies Co Ltd unveiled a slate of artificial intelligence chips on Wednesday, in its biggest-ever push to expand presence in the semiconductor sector and to compete….
German car maker Daimler AG is in talks with Zhejiang Geely Holding Group Co to set up a 50-50 ride-hailing and car-sharing joint venture in China, which, if it works,….
Chinese tech giant Tencent extended losses by 1.7 per cent on Tuesday to close at HK$293.8 after breaking through the key psychological line of HK$300 one day earlier, declining for….
Pessimism still grasp the stock market in China and overseas investors are rushing away for the second day in a row. The Shanghai Composite index edged up about 0.2 per….
Chinese stocks post the worst performance in three months on the first trading day after the week-long Golden Week holiday, putting them on course for their worst performance for the….
China saw tourism growth slip to the lowest in 10 years and the growth of retail sales drop below 10 per cent during the Golden Week holiday, as a slowdown….
China cut reserve requirements for banks for the 4th time this year China’s central bank said on Sunday it would cut the amount of cash that commercial banks must hold….
China’s foreign exchange reserves decreased by $22.7 billion in September to $3.09 trillion, the biggest drop since February, according to data released by the People’s Bank of China on Sunday…..
The People’s Bank of China (PBOC) sold its first yuan-denominated bills in Hong Kong on Wednesday, raising 20 billion yuan and giving it a new tool to manage the currency….
China’s central bank said on Sunday it would cut the amount of cash that some banks must hold as reserve to lower financing costs and spur growth in the world’s….
The administration of U.S. President Donald Trump is accusing China of trying to undermine it by targeting the American political system. “China wants a different American president,” Vice President Mike….
US Secretary of State Mike Pompeo will travel to China next Monday (Oct 8), Chinese State Television reported on Wednesday, citing a Chinese Foreign Ministry spokesman, with the two countries embroiled….
Tencent’s music division is set to go public with actual profits on the board and industry competitor Spotify as a backer, according to a newly filed prospectus. The music arm….
China’s total savings in financial institutions increased by 8.3 per cent year in August from a year earlier, the slowest growth in 40 years, according to data released by the….
Cash is the king again—China’s real estate sector shivers after top developer Vanke warns over survival
China Vanke, one of the biggest property developer in the country, made a headline over the weekend after it put “survival” as the keyword for its autumn meeting on Saturday,….
Alibaba’s founder Jack Ma has quietly relinquished his ownership of the “variable interest entities” at the heart of Alibaba, symbolically handing back the keys to the Chinese technology giant he….
China’s prolonged restrictions on the real estate sector is driving the property market to a turing point. Prospective buyers have switched on a wait-and-see mode, sending home sales slide even….
China will cut import tariffs on textile products and metals, including steel products, to 8.4 per cent from 11.5 percent, effective Nov. 1, the finance ministry said on Sunday. Beijing….
China has hiked its 2019 crude oil import quota for “non-state trade”, generally meaning independent refiners, by 42 per cent to 202 million tonnes, as two private companies prepare to….