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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….
Two cross-border investment schemes – Wealth Management Connect and the southbound leg of the Bond Connect – will be launched in the next few days, Pan Gongsheng, deputy governor of People’s Bank….
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 consumer inflation eased further. The….
China’s top securities regulator said the fast growing number of “quants” was a challenge to stock exchanges as Chinese investors are having heated debate over quants’ role in the thriving….
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 which is expected to boost….
Expectations for near-term easing cooled after Chinese central bank officials said that the country will maintain prudent monetary policy and that there is no shortfall in base money supply. There….
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 year earlier and broad market….
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 volume went down 0.12 per….
China said it plans to expand Shenzhen’s Qianhai economic zone by eight times, which many believe could benefit Hong Kong’s financial sector, one day after announcing a new cooperation zone….
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 government introduced a series of….
China has stepped up efforts to reassure the market that the private sector has the unswerving support of the top leadership, after a regulatory crackdown has unnerved many entrepreneurs. “There….
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 for the market is about….
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 with the findings in the….
Chinese President Xi Jinping has announced plans to set up a new stock exchange in the capital city of Beijing to serve innovative small companies, as the country’s latest move….
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 rules for bank’s lending to….
China will step up relief measures for market players, especially small companies and individual businesses, and ensure cross-cyclical adjustments, Chinese Premier Li Keqiang said at a State Council meeting on….
A Chinese bank halted its foreign exchange trading business for individual investors, after a number of major Chinese lenders suspended or adjusted individual foreign exchange and precious metal trading businesses….
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 material prices weighed on production,….
China’s government plans to cap the growth of home rents in cities to rein in runaway housing costs and eyes “notable improvement” in real estate market order within three years,….
China’s services sector activity contracted in August to the second-lowest level on record, further adding to evidence of a slowing economy after the key indicator missed expectations. The official non-manufacturing….
The city of Guangzhou, capital of southern China’s Guangdong province, and the technology hub of Shenzhen tightened rules for land auctions, in the latest move to rein in surging land….
China’s food delivery and on-demand service giant Meituan reported stronger-than-expected earnings for the second quarter, despite the government’s antitrust investigation and the regulatory scrutiny of the country’s technology sector. Meituan’s revenue jumped 77….
Chinese regulators on Monday further tightened rules on the gaming sector, limiting the gaming time for players aged under 18 to between 8pm and 9pm only on Fridays, Saturdays, Sundays….
Growth of profits generated by China’s industrial companies slowed for the fifth straight month in July, adding signs that the post-pandemic recovery in the world’s second-biggest economy is losing momentum…..
Several Chinese cities including Guangzhou and Hangzhou have tightened rules for land auctions in a move to curb speculation and rein in rising land prices. China’s top cities early this….
Chinese authorities pledge to study targeted measures to help exporters cope with tight shipping capacity and rising logistics costs which are set to plague businesses into next year. The cost….
China’s southern tech hub of Shenzhen and the economic powerhouse Guangdong province plan to issue offshore bonds in Hong Kong and Macau, marking the first direct offshore debt sales by….
China’s coal prices have remained high even after the authority introduced a series of measures to ensure supplies and stabilise prices. Pithead coal prices in some regions recently rise again….
