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China’s Shimao Group has put all property projects on sale, including both residential and commercial properties as the troubled property developer tries to accelerate asset …
Happy Weekend Everyone! Here are the most important stories in China’s economy and financial market last week. Housing Market China offers easier loans for property …
China’s foreign exchange reserves increased in December for the third consecutive month to hit the highest level since 2016 supported by be a weaker US …
China is making it easier for property developers to borrow from banks to acquire projects from troubled real estate firms, the latest efforts to address …
A unit of Chinese property developer Shimao Group has defaulted on a trust loan with 645 million yuan of overdue payment, China Credit Trust Co said …
China surpassed Japan to become the world’s largest importer of liquefied natural gas (LNG) in 2021 for the first time, according to the latest report …
China’s leading short video-sharing platform Kuaishou have started a round of layoffs across its major business departments amid expanding losses and increasing competitions. This round …
Land sales measured in area in China’s 300 major cities reached 2.05 billion square meters in 2021 as of December 28, sliding 22% from the …
China’s top market regulator imposed a number of fines on domestic technology giants including Tencent, Alibaba’s subsidiaries and Bilibili on the first working day of 2022 …
China’s digital yuan app went live on Apple’s App Store and Android app stores in China on Tuesday, in a push to expand its usage …
A number of Chinese cities have released guidance prices for school subject tutoring services at off-campus institutions. Some industry insiders say that the prices are …
China will require internet platform companies holding personal information of more than 1 million users to go through a cybersecurity review before they apply to …
China’s factory activity grew at its fastest pace in six months in December, driven by production hikes and easing price pressures, but a weaker job …
Embattled property developer China Evergrande Group has been ordered by the local authorities in Danzhou, Hainan province, to demolish 39 “illegal” residential buildings. A document …
Several Chinese cities saw home sales pick up in December after the authority marginally relaxed financing to the housing market. New home sales in Guangzhou, …
China’s major real estate developers saw property sales decline in 2021 for the first time in more than a decade and their fundraising hit the …
China’s lithium prices jumped above 270,000 yuan per tonne for the first time on record driven by strong demand for new energy vehicles and year-end …
China’s factory activity accelerated slightly in December despite Covid-19 flare-ups in several regions, but analysts forecast more economic headwinds ahead. The official manufacturing Purchasing Managers’ …
China’s consumption of refined oil products including gasoline, diesel and jet fuel is expected to reach 404 million tonnes this year, largely in line with …
China pledges to reduce energy consumption in raw materials industry to support the country’s efforts to achieve carbon-peaking and carbon-neutrality goals. By 2025, the production capacity …
Foreign capital flows into China’s equity markets hit a new record high in 2021, as the country further opened its financial markets to overseas investors …
China issued its first white paper on export controls, pledging more efforts to shape “fair, reasonable and non-discriminatory” global export controls, a month after 12 …
China unveiled a five-year plan for smart manufacturing, vowing that large manufacturers will mostly digitalized by 2025, as it seeks to bolster the technology and …
China has further downsized the 2021 negative lists for foreign investment, with the restrictions on foreign ownership in passenger vehicle makers removed, but banned foreign …
Chinese central bank will prioritise economic stability and continue to lower borrowing costs for companies, said Yi Gang, Governor of the People’s Bank of China …
China boosted liquidity injection into the banking system to the highest level in two months, to meet demand for higher cash demand before year-end. The …
Profits at China’s industrial companies grew at a significantly slower pace in November, amid easing prices of some raw materials, a faltering property market and …
First benchmark lending rate cut in 20 months China lowered one-year benchmark lending rates – Loan Prime Rate (LPR) – for the first time in …
China’s securities regulator said domestic companies seeking to sell shares overseas would have to follow domestic rules and file for local registration, in a draft …
The consumer finance unit of China’s Ant Group, will boost the company’s capital to 30 billion yuan ($4.71 billion) from 8 billion yuan, with the …
