Feb 22, 2021 19:44 PM- Average Mortgage Rates Rise for First Time in 13 Months
- Government efforts to curtail lending to the real estate industry have helped drive up borrowing costs for homebuyers in February
Feb 09, 2021 19:44 PM- Sea Freight Backlog Eases in China as Factories Shut for National Holiday
- Shipments of coal, metals and other commodities fall after topping a two-year high in January, index reports
Feb 05, 2021 20:22 PM- Chart of the Day: Hong Kong’s Shopping Culture Battered by Covid-19
- Retail sales fell in December for the 23rd consecutive month and dropped 25.5% in volume terms for the whole of 2020
Feb 04, 2021 20:49 PM- Chart of the Day: China’s Provinces Show Caution in Setting More Ambitious GDP Targets
- Nine regions including Beijing and Shanghai aim to achieve around or above 6% growth in 2021
Feb 03, 2021 20:20 PM- China’s Private Steelmakers Are Now More Profitable Than State-Run Peers
- Privately owned mills outperform by reining in production and sourcing cheaper raw materials as cumbersome management and controls weigh on SOEs
Feb 03, 2021 09:45 AM- China Services Activity Expands at Slowest Pace in Nine Months, Caixin PMI Shows
- PMI reading slumped to 52 in January from 56.3 the previous month, mirroring a decline in manufacturing activity
Feb 02, 2021 20:28 PM- Developer China Fortune Defaults on 5.3 Billion Yuan in Debt
- Company says it couldn’t come up with the cash to make the payments, but had reached a consensus with some creditors about a delay
Feb 02, 2021 05:45 AM- In Depth: China’s Flower Growers Suffer Amid Lunar New Year Pandemic Resurgence
- In Pearl River Delta, almost half a million farmers watch helplessly as orchids, kumquats and other plants grown for the holiday face withering with consumers staying home
Feb 01, 2021 09:45 AM- China’s Manufacturing Recovery Loses Momentum, Caixin PMI Shows
- January’s reading of 51.5 was the lowest in seven months as the pandemic took a toll on global supply and demand
Jan 29, 2021 21:09 PM- China’s Government Debt-to-GDP Ratio Soars as Spending Booms, Revenue Shrinks
- The ratio rose to 45.8% in 2020 from 38.5% the previous year, official data show, increasing for the third year in a row
Jan 29, 2021 20:47 PM- No Holiday for China’s Delivery Workers as Covid-19 Curbs Travel
- Government encouraged firms to stay open amid expectations of a surge in demand during Lunar New Year as millions heed orders to stay at home
Jan 28, 2021 05:42 AM- Hangzhou Bans Resale of Hot New Houses for 5 Years
- Expensive eastern China city joins Shanghai and Shenzhen in erecting new barriers for speculators cashing in on soaring demand
Jan 27, 2021 05:18 AM- Beijing Scraps 58 High-Tech Companies’ Qualification for Lower Taxes
- Pressed to maximize revenue reduced amid the pandemic, government gets tougher on enterprises eligible to pay 15% instead of 25%
Jan 22, 2021 04:25 AM- China Should Focus on Policy Certainty and Risk Hedging, Think Tank Says
- Survey shows tax and fee cuts have done about all they can to support businesses and it’s time to bolster predictability, Chinese Academy of Fiscal Sciences finds
Jan 19, 2021 21:18 PM- China’s Housing Sales Hit Record in 2020 as Post-Lockdown Demand Surged
- Recovery in residential market may not be sustained this year amid fresh government curbs on property loans
Jan 19, 2021 21:04 PM- China’s Economy Isn’t ‘State Capitalism,’ Banking Regulator Says
- Watchdog’s Chairman Guo Shuqing explains that this is a ‘big misunderstanding’ and that private enterprise plays a major role
Jan 18, 2021 20:42 PM- Update: With 2.3% Growth, China Likely to Be Only Major Economy to Expand in 2020
- World’s second-largest economy has managed to steadily recover from the fallout of its domestic Covid-19 outbreak in the first quarter
Jan 18, 2021 19:29 PM- Hong Kong’s Bankruptcy Filings Hit Four-Year High Amid Pandemic
- Number of bankruptcy filings jumped 6% to nearly 8,700 in 2020
Jan 18, 2021 06:14 AM- Cover Story: Why China Plans to Tax the Booming Digital Economy
- E-commerce now accounts for more than a third of GDP, a fat, $5.52 trillion target for filling government coffers
Jan 16, 2021 05:49 AM- China's Interest Rates Are Just Right, PBOC Official Says
- Central bank withdraws cash from financial system and lets the air out of speculation about a pre-holiday cut in banks’ reserve requirements
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