Since China began to open up and reform its economy in 1978, GDP growth has averaged over 9 percent a year, and more than 800 million people have lifted themselves out of poverty. There have also been ...
Hong Kong bars services like WhatsApp and Google Drive from govt computers The Hong Kong government bans most civil servants from using apps like WhatsApp and Google Drive on work computers citing ...
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BEIJING, Oct 12 (Reuters) - Four of China's biggest state-owned banks announced cuts on Saturday to existing mortgage rates starting on Oct. 25, as the authorities ramp up efforts to stimulate the ...
China’s real-estate bust left behind tens of millions of empty housing units. Now that historic glut of unoccupied property is colliding with China’s shrinking population, leaving cities stuck ...
BEIJING: China has jailed 15 people for their roles in a building collapse that killed dozens and sparked a public scandal over construction standards, state media said on Thursday (Oct 17).
China's fiscal stimulus efforts could include racking up almost $1 trillion in fresh debt over the next several years, according to local media. Beijing could raise 6 trillion yuan, or $850 ...
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China’s property crisis is expected to worsen as new home sales plummet and indebted developers struggle to find funds to complete projects. WSJ’s Jonathan Cheng traveled to an abandoned ...
She is a CFA charterholder. Once bitten, twice shy. The supercharged stimulus measures China’s top leaders announced in recent days has left many investors unconvinced. After all, Beijing has ...
China gave its economy a shot in the arm with an extraordinary flurry of stimulus measures in the past week. The moves range from monetary easing to support for the struggling real estate sector ...
Doldrums continue to plague China's post-pandemic economy. Now the country's leaders are firing up a new round of plans to jump-start growth. It just might not be enough. Amid concerns of a ...