Wednesday, April 24, 2024

Monthly Archives: January, 2018

Beijing Host to China’s Highest Median Home Prices

A new report from one of China's leading think tanks says Beijing is currently host to the country's highest median home prices, despite the...

Renminbi Reference Rate Rises 169 Points Against the Dollar

The Chinese yuan rose 169 points against the greenback on 29 January, with the reference rate hitting 6.3267 per US dollar. According to domestic analysts...

State Planning Official Forecasts 6.5 – 6.8% GDP Growth for 2018

A vice-secretary from China's National Development and Reform Commission has made a  GDP growth forecast of 6.5 - 6.8% for 2018. In article written for...

People’s Daily Unveils List of China’s Economic Figures of the Year for 2017

The latest list of China's 2017 Economic Figures of the Year was unveiled at a grand ceremony held in Beijing on 28 January. The list...

Pre-owned Home Prices Drop 13% in Beijing After Launch of Property Controls

Pre-owned home prices in Beijing fell by more than 10% during the period from the launch of housing market control policies in March until...

New York Times Says China the Star at Davos, Belt and Road Could Be New WTO

America's newspaper of record says that China may have been the real star at the recent World Economic Forum at Davos, due to jitters...

A Dozen Chinese Banks Hit with Over USD$46mn in Fines for Bill Fraud

12 Chinese banks have incurred fines worth a total of 295 million (approx. USD$46.2 million) for their involvement in a bill fraud case in...

Can Low Household Debt Contain Chinese Real Estate Prices?

While Chinese households continue to bear a comparatively modest share of national debt, their high savings levels continue to drive up prices in the...

Banking Regulator Stresses Chinese Communist Party’s Role in Curbing Corruption

The head of China's banking authority has heavily emphasised the role of the Chinese Communist Party in curbing corruption amongst regulators at a full...

Will Shadow Banking Crackdown Trigger Local Government Bond Defaults?

Beijing's ongoing crackdown on the shadow banking sector is triggering concerns about the ability of local governments financing vehicles to service their debts, with...

Most Read