Economy

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Global funds slash holdings of Chinese bonds to lowest levels since 2021

Overseas funds offloaded Chinese sovereign bonds in August, cutting holdings to the lowest level in almost five years and piling…

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New Business

Explainer | What is China’s five-year plan, and why is it so important?

As next month’s fourth plenary session of the Communist Party’s Central Committee approaches, global attention is turning to China’s next…

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New Business

Data and AI’s Decade in APAC: How Ekimetrics Sustainably Scaled Mainstream AI Adoption in APAC’s Digital Economy

[The content of this article has been produced by our advertising partner.] The last decade has seen the emergence of…

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China pulls out the stops to get people spending, with 19 consumption-minded measures

China is making a renewed push to boost service consumption by relaxing market access and increasing supply – across sectors…

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New Business

Baidu, Meituan, JD.com jump as Hong Kong stocks rise towards fresh 4-year high

Technology companies led a rise in Hong Kong stocks on Wednesday while investors awaited the Federal Reserve’s rate decision and…

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Hong Kong’s dim sum bond market is on track for record year of issuances

Hong Kong’s offshore yuan bond market is on track for a record-breaking year as some of mainland China’s largest technology…

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Evergrande eyes sale of stake in US$1.3 billion property services unit

Liquidators for the delisted mainland property group China Evergrande Group have received non-binding offers for a property management unit they…

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New Business

From global games to outdoor activities, China aims for US$980 billion sports economy

China is aiming to build a 7 trillion yuan (US$980 billion) sports sector by 2030 – complete with a series…

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New Business

China’s stock boom will not do much to rejuvenate the economy, Nomura says

The ongoing rally in Chinese stocks will do little to boost growth in the mainland’s economy, as equity investments account…

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New Business

Wuliangye Yibin’s profit growth sinks to 10-year low hit by China’s austerity drive

Wuliangye Yibin, China’s second-largest liquor distiller, reported its slowest earnings growth in a decade, reflecting the impact of an intensified…

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