The Third Plenary Session of the 20th Central Committee of the CCP – which ended last week – included decisions that significantly impact Macau and Hong Kong, by emphasizing their …
China Economy
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ChinaHighlightsNews
China central bank cuts two key rates to support flagging economy
by Viviana ChanBeijing is battling an unprecedented crisis in the country’s vast real estate sector, continued weak consumption and a high youth unemployment rate, while geopolitical tensions with Washington and the …
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The empty seats belied China’s stubbornly high youth unemployment rate — a problem so pressing that President Xi Jinping this week told top Communist Party (CCP) cadres it should be …
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The minimum down payment ratio for individual commercial mortgages for homes has been lowered from 30 percent to 20 percent for first-home purchases, according to a circular released by several …
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Important economic indicators rebounded during the month amid government measures to prop up growth and promote high-quality development, National Bureau of Statistics (NBS) spokesperson Liu Aihua said at a press …
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A year and a half after crippling Covid-19 restrictions ended, the property crisis is just one of the deadweights dragging on China’s recovery momentum, sending ripples of unease through the …
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Many cities imposed restrictions and tough credit requirements on home purchases well over a decade ago in an effort to tamp down soaring prices and rampant speculation. But they …
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The central government will begin issuing some 30-year bonds on Friday as part of a planned sale of more than $138 billion of debt, according to a notice posted to …
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Beijing has set a target of around five percent growth for the year, a goal officials last month admitted would “not be easy” and which analysts said was ambitious given …
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Washington is especially concerned about “overcapacity”, where Chinese subsidies to industries such as solar, electric vehicles and batteries threaten to undercut these sectors in other countries. US Treasury Secretary Janet …