economic recovery

New Business

China’s bull run on bonds triggers fresh warning from central bank amid record-low yields

With the yields of Chinese government bonds slipping to record lows, China’s central bank has issued a stern warning to…

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New Business

Explainer | What is China’s central economic work conference, and why does it matter?

All eyes have turned to China’s tone-setting annual central economic work conference for any clues of relief for the beleaguered…

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New Business

China’s services activity expansion dampened by ‘trade environment’ concerns: Caixin PMI

China’s services activity expanded at a slower pace in November, pressured by easing new business growth, including in exports, a…

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New Business

Key Chinese economic indicator retains positive direction amid Trump tariff threat

Factory activity in China maintained its positive direction in November, reflecting the impact of Beijing’s stimulus policies as it seeks…

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New Business

China’s factory activity remains in contraction amid weak economic momentum

A reading above 50 typically indicates an expansion of economic activity, whereas a reading below implies a contraction. “China’s economic…

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New Business

China to push supportive monetary policy as financial risks ease: central bank chief

The maturing debt of “most” of these financing platforms had either been extended, restructured or replaced, Pan said, adding that…

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New Business

China to ‘vigorously, orderly’ expand sales of finished homes in property-sector overhaul

Following a critical report this week about “disappointing progress” three months into Beijing’s plan to buy unsold homes and prop…

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Tech

PDD-owned Temu’s first-half sales surge to US$20 billion, exceeding 2023 total: report

International online budget-shopping platform Temu, owned by Chinese e-commerce giant PDD Holdings, saw its gross merchandise value (GMV) surge to…

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New Business

Hong Kong developers keep pricing flats to move amid supply glut, high rates

Hong Kong developers continue to rely on attractive pricing as a strategy to clear their swollen stock as interest-rate cuts…

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