Latest China Economic News: Caixin PMI, trade war, China GDP

Oct 21, 2022 20:23 PM

Chinese Cities Cut Mortgage Rates for First-Time Buyers After Rules Eased
Multiple cities have lowered interest rates since end-September to try and kick-start their housing markets
Oct 21, 2022 05:24 AM

Hong Kong Chief Pledges More Housing to Ease Shortages
To address world’s most expensive housing market, Chief Executive John Lee outlines plan to build hundreds of thousands of units
Oct 17, 2022 18:16 PM

China Delays Release of Third-Quarter GDP Figures Indefinitely
A slew of economic indicators were meant to be published on Tuesday. A new date for their release hasn’t been issued and no reason has been given for the delay
Oct 14, 2022 19:35 PM

Chinese Local Governments, SOEs Buy Housing in Latest Salve for Embattled Property Market
Authorities in provinces including Jilin, Gansu and Guizhou are intervening to prop up real estate developers suffering from plunging home sales
Oct 13, 2022 19:34 PM

Chinese Local Governments Sell More Bonds for Infrastructure Stimulus
At least 19 cities and provincial-level regions have either issued or announced plans to issue more special-purpose bonds
Oct 12, 2022 21:42 PM

Exclusive: China Revives Lending Tool to Stimulate Infrastructure Investment
Authorities hope the new source of funding will help boost the ailing economy
Oct 12, 2022 04:56 AM

No Relief for China’s Ailing Housing Market
Residential prices slide for another month in 46 cities as only four markets — Chengdu, Beijing, Shanghai and Hefei — show signs of life
Oct 07, 2022 16:29 PM

Caixin China New Economy Index Climbs on Income and Job Growth
The share of high value-added industries such as biotech rose to 30.3% in September, up from 29.9% the previous month
Oct 03, 2022 15:29 PM

In Depth: Export Slowdown Reveals Cracks in One of China’s Economic Pillars
August’s disappointing trade figures pose a challenge for an economy that has come to rely on overseas shipments, especially during the pandemic
Sep 30, 2022 05:07 AM

China Allows Cities to Further Cut Mortgage Rates Amid Housing Slump
Top financial authorities up the ante after 650 policy moves this year fail to move the needle for the plummeting $2.4 trillion industry
Sep 28, 2022 20:41 PM

China Announces Tax Breaks to Kick Start Personal Pensions Market
New policies to exempt contributions and lower levies on withdrawing funds are aimed at boosting participation as the country tries to shore up a flagging pension system
Sep 24, 2022 03:04 AM

Beijing’s $7 Billion Sale of Land-Use Rights Attracts Only One Private Developer
Longfor Group joins auction dominated by state-owned enterprises as most cash-strapped private real estate companies stay on the sidelines
Sep 23, 2022 04:10 AM

China Rolls Out Subsidies for the Needy Amid Rising Inflation
As gains in the cost of living cross regional thresholds, more than 20 cities and provinces start paying out millions of yuan to low-income families
Sep 17, 2022 18:26 PM

China’s Fiscal Revenue Posts First Growth Since March
August revenue grew 5.6% year-on-year to $186 billion as the impact of a tax refund policy tapered off
Sep 10, 2022 04:29 AM

Analysis: How Will Coal Hub Shanxi Cut Carbon Emissions?
China’s top producer of coal and greenhouse gases faces high carbon neutrality hurdles with a provincial economy based on thermal energy
Sep 05, 2022 09:45 AM

China’s Services Activity Keeps Growing, Caixin PMI Shows
Industries such as retailing and travel benefited in August from reduced disruptions amid a recovery from an earlier wave of Covid-19, although staffing levels remained low
Sep 02, 2022 19:53 PM

Caixin New Economy Index Falls on Drop in Labor Investment
The contribution of high value-added industries such as biotech was also pulled down by a decrease in capital and technology inputs in August
Sep 02, 2022 04:34 AM

China Doubles Down on Measures to Bolster Economy
State Council vows to step on the gas in the first half of September to improve market liquidity and encourage spending
Sep 01, 2022 20:55 PM

China’s Property Sales Extend Slump Amid Vicious Cycle
Total sales at the top 100 developers fell 32.9% to $75 billion in August
Sep 01, 2022 09:45 AM

China’s Manufacturing Activity Shrinks as Power Cuts Bite, Caixin PMI Shows
The country’s manufacturing sector contracted in August as sporadic Covid-19 outbreaks and power cuts caused by a record heat wave weighed on factory operations