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New Business

China’s new-home prices extend decline for 22nd month, but stimulus offers hope

China’s new-home prices fell for a 22nd straight month in March, but the declines continued to narrow as government support…

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New Business

UAE family firm plans stronger cooperation with Hong Kong companies: Al Nasser executive

“Our strategy is to scale up those companies – scalability through the UAE, not only to look into the UAE…

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New Business

China’s home prices drop for 21st straight month as property recovery remains elusive

China’s new-home prices fell for the 21st straight month in February as a recovery continued to elude the key economic…

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New Business

Chinese credit ratings firm downgrades Thailand over crime scandals and economic prospects

A Chinese ratings firm has downgraded Thailand’s creditworthiness due to a series of damaging crime scandals denting the country’s appeal…

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Chinese cities must buy back more land faster to aid property developers, analysts say

Local governments in mainland China are speeding up their purchases of idle land from developers, but more cities need to…

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New Business

Opinion | Another US-China trade war? How about a war on income inequality

Despite the dire state of Sino-US relations, US President Donald Trump and Chinese President Xi Jinping can strike a deal…

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New Business

Out of luck: how a global downturn took the shine off China’s crystal industry

Crystals – shimmering stones believed to carry “healing powers” and “fortune-boosting energy” – are captivating consumers worldwide. On TikTok, the…

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New Business

China’s property slump is not over yet with home sales, rents under pressure: Fitch

China’s property market downturn is likely to persist this year with slower home sales and construction activity, hobbled by “structural…

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New Business

Chinese consumer sentiment nears ‘tipping point’ after stimulus barrage: UBS

China’s consumer sector, long plagued by a property slump that has slowed the economy and dampened sentiment, could be nearing…

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New Business

China’s controversial jobless rate needs to be reformed, scholar urges

China should strive to improve its unemployment statistics, as these are key to better capturing the country’s economic reality and…

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