Page 35 - China

Chinese city cuts home down-payment ratio in bid to boost demand

Regulatory curbs on borrowing have driven China's property sector -- a major economic growth driver -- into a sharp downturn, squeezing the cash-flow of many developers and chilling buyer sentiment

China changing tune as birth rate at record low, faces ageing population

China's working-age population is fast declining. The number of people too old to work, comparatively, is rising. This will severely impact the country's ability to care for its elderly population.

China's finance minister vows more fiscal support ahead of party congress

The key once-in-five-years party congress will be held in autumn this year, when Chinese President Xi Jinping is widely expected to be confirmed for a third five-year term

China's Covid-zero policy, Indian weddings give a polish to gold

Indian jewellery buyers nearly doubled their purchases last year to 611 metric tons, according to the World Gold Council

China terms US COMPETES Act as Washington's information war against Beijing

Earlier this month, the US House of Representatives passed the America COMPETES Act, a bill focusing on US semiconductor production and supply chains

China criticises India's latest ban on 54 more Chinese mobile apps

China on Thursday criticised India's latest decision to block access to 54 more Chinese mobile apps over security and privacy concerns

China expresses serious concerns on India banning 54 Chinese apps

Hope India would treat all foreign investors, including Chinese firms, in a transparent, fair and non-discriminatory manner: Chinese government

China rejects United States trade complaint, criticizes Washington

The Ministry of Commerce criticized the Biden administration for saying it is developing new ways to deal with Chinese trade tactics

China sitting at our border but govt making efforts to hide truth: Manmohan

Former Prime Minister Dr Manmohan Singh on Thursday alleged that the BJP-led government at the Centre is making efforts to hide the truth of Chinese incursions at the Line of Actual Control (LAC).

I-T searches on China's Huawei over tax evasion, firm says co-operating

The Income Tax department on Wednesday carried out raids at multiple premises linked to Chinese tech conglomerate Huawei across the country in connection with alleged tax evasion.

Samsung's factory in China temporarily closed after Covid-19 case

China has maintained a "zero tolerance" policy toward the Covid-19 pandemic and used stringent lockdowns and testing to root out infections, reports Yonhap news agency

US accuses China of failing to meet its free-trade commitments

The United States has accused China of failing to meet its commitments to the World Trade Organisation and says it is exploring new ways to combat aggressive Chinese trade practices.

New regulations hit China in global tech, media and telecom IPO market

Regulatory crackdown in China has shrunk the country's share in the global tech, media and Telecom (TMT) IPO market by 9% last year, a new report showed on Wednesday.

China's Xi urges Hong Kong to get control as coronavirus cases surge

Hong Kong hospitals overflow on Wednesday as new Covid cases defy city's Zero-Covid Policy, while China's Xi Jinping says it was local government's task to curb the situation.

China to work with Asian nations to grow use of local currencies in trade

Last month, the People's Bank of China (PBOC) extended a bilateral currency swap pact with Bank Indonesia for three years to deepen financial cooperation and promote investment

China nickel producer Lygend Resources to go public in Hong Kong

The company had invested heavily to expand business and explore more materials in the nickel sector as the resource is gaining traction amid a global new energy boom

China's factory inflation slows, giving central bank room to ease policy

The producer price index (PPI) increased 9.1% from a year ago, the National Bureau of Statistics (NBS) said in a statement on Wednesday, slower than the 9.5% growth tipped by a Reuters poll

China court freezes $157 mn of Evergrande assets over missed payments

Many suppliers and contractors have launched legal actions against Evergrande, the world's most indebted property developer with over $300 billion of liabilities, over missed or late payments

China-US monetary policy divergence aids yuan stability: Ex-regulator

'Therefore Sino-US monetary policy divergence will likely become greater,' Guan Tao, global chief economist at BOC International said

China's factory inflation hits six-month low on government curbs

The world's second-biggest economy faces multiple headwinds, weighed down by persistent weakness in the property sector and strict anti-coronavirus measures