BEIJING – Over the weekend, residents in parts of north-eastern China found themselves without electricity, as the country’s power crunch is starting to hit people…
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The risks that Asia faces from a tottering China Evergrande
The authorities in China have moved again to stanch the continuous flow of bad news from China Evergrande, the world’s most indebted real estate company.…
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Traffic improves in China as Beijing quashes outbreak of Covid-19 Delta variant
BEIJING (BLOOMBERG) – Traffic on China’s typically busy city streets has shown signs of recovery as the key crude-importing nation managed to quash a resurgence…
View More Traffic improves in China as Beijing quashes outbreak of Covid-19 Delta variant
Why China needs richer farmers
Since March, thousands of farmers in China’s Shandong province have had their homes demolished at short notice under a plan to move them into new,…
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China's data deluge set to show recovery accelerating amid worldwide Covid-19 crisis
BEIJING (BLOOMBERG) – China continues to supply evidence that the country first into the coronavirus crisis will be the first major economy to pull out…
View More China's data deluge set to show recovery accelerating amid worldwide Covid-19 crisis
Chinese borrowers drown in online lending's 'bottomless pit'
SHANGHAI (AFP) – Telecoms engineer Peng Jiezhao’s taste for new smartphones and expensive sneakers seemed like a harmless, if expensive, hobby – until he started…
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China's leaders gather to set economic targets for 2020; economists expect 'about 6%' growth target
BEIJING (BLOOMBERG) – China’s top leadership will set the target for economic growth at “about 6 per cent” for 2020 as they meet this week…
View More China's leaders gather to set economic targets for 2020; economists expect 'about 6%' growth target
DBS making it easier for rich HK clients to set up accounts
DBS wants to allow high-net-worth clients in Hong Kong to set up investment accounts digitally by the third quarter. Its Hong Kong chief, Mr Sebastian…
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US, China 'on the cusp' of possible end to trade war
WASHINGTON/BEIJING (REUTERS) – US Secretary of State Mike Pompeo said on Monday (March 4) he thought the United States and China were “on the cusp”…
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China trains chefs, builds ski slopes to cushion slowing growth
BEIJING (BLOOMBERG) – Chinese officials are getting creative in their battle to support the economy as a slowdown weighs on consumers and threatens to dent…
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Beijing to clamp down on polluting trucks, coal burning and have more parks for a greener city
BEIJING – Beijing is ramping up efforts to make the city greener by taking diesel trucks off the roads, building more parks and clamping down…
View More Beijing to clamp down on polluting trucks, coal burning and have more parks for a greener city