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Page 35 - China Economy

Shaky scaffolding: Why is China's real estate sector facing a crisis?

Big property developers in China, like Evergrande, are facing a massive shortfall of money, dragging down the sector along with the home demand and prices

Shaky scaffolding: Why is China's real estate sector facing a crisis?
Updated On : 17 Aug 2022 | 1:16 PM IST

Oil reverses losses, prices rise by about 1%; demand concerns persist

Brent crude futures rose 72 cents, or 0.8%, to $95.82 a barrel by 1219 GMT, after hitting a session low of $93.20. WTI crude futures rose $1.03, or 1.2%, to $90.44 a barrel, after falling to $87.82.

Oil reverses losses, prices rise by about 1%; demand concerns persist
Updated On : 16 Aug 2022 | 7:07 PM IST

'Too little, too late': China interest rate cut spurs call for more moves

Unlike many advanced economies right now, China's core inflation -- which excludes volatile energy and food prices -- is pretty tame, slowing to merely 0.8% in July

'Too little, too late': China interest rate cut spurs call for more moves
Updated On : 16 Aug 2022 | 10:21 AM IST

Oil prices fall as recessionary worries weigh on energy demand outlook

Oil prices fell on Tuesday, extending losses from the previous session, after economic data from China spurred fresh concerns about a potential global recession that could hit energy demand

Oil prices fall as recessionary worries weigh on energy demand outlook
Updated On : 16 Aug 2022 | 7:15 AM IST

China shocks with a rate cut after data shows 'alarming' slowdown

Retail sales, industrial output and investment all slowed and missed economists estimates in July

China shocks with a rate cut after data shows 'alarming' slowdown
Updated On : 15 Aug 2022 | 10:00 PM IST

Disappointing China economic data sparks industrial metals' sell-off

China's economy unexpectedly slowed in July, with growth in industrial output, fixed-asset investment, total social financing and new yuan loans slowing

Disappointing China economic data sparks industrial metals' sell-off
Updated On : 15 Aug 2022 | 7:09 PM IST

Dollar jumps on safety flows after China data, yuan slips on rate cut

The U.S. dollar index against six peers rose 0.6% to 106.3, consolidating near the middle of its range this month. The euro eased 0.6% against the dollar to $1.0191, after touching a one-week low.

Dollar jumps on safety flows after China data, yuan slips on rate cut
Updated On : 15 Aug 2022 | 5:18 PM IST

Oil drops over $3 a barrel as China data disappoints, Iran talks in focus

Brent crude futures fell $3.49, or 3.56%, to $94.66 a barrel by 0945 GMT after settling 1.5% lower on Friday.

Oil drops over $3 a barrel as China data disappoints, Iran talks in focus
Updated On : 15 Aug 2022 | 4:06 PM IST

What is Langya virus and what are its symptoms: Here's the full detail

Langya virus has affected at least 35 people in Henan and Shandong provinces of China. What is its origin? What are its symptoms? How to protect yourself from it? Know everything in detail.

What is Langya virus and what are its symptoms: Here's the full detail
Updated On : 10 Aug 2022 | 5:58 PM IST

China consumer inflation in July reaches 2-year high as pork costs surge

The consumer price index in China rose 2.7% last month from a year earlier as pork prices surged 20.2%

China consumer inflation in July reaches 2-year high as pork costs surge
Updated On : 10 Aug 2022 | 9:04 AM IST

Oil prices edge up as strong economic data feeds hopes for demand

Brent crude futures were up 93 cents, or 0.9%, at $95.85 a barrel by 11:20 a.m. ET (1520 GMT). U.S. West Texas Intermediate crude was at $89.68 a barrel, up 67 cents, or 0.8%.

Oil prices edge up as strong economic data feeds hopes for demand
Updated On : 08 Aug 2022 | 11:33 PM IST

China IPO market trounces the world with record $58 billion boom

Initial public offerings on mainland exchanges have climbed to $57.8 billion so far in 2022, the largest ever for such a period

China IPO market trounces the world with record $58 billion boom
Updated On : 08 Aug 2022 | 12:01 AM IST

China trade surplus sets record at $101 bn as exports beat expectations

Coming amid waning global demand, this is the highest since 1987

China trade surplus sets record at $101 bn as exports beat expectations
Updated On : 07 Aug 2022 | 11:55 PM IST

Alibaba lays off nearly 10,000 employees to cut expenses amid poor sales

According to South China Morning Post, more than 9,241 employees left Hangzhou-based Alibaba during the June quarter, as the company trimmed its overall headcount to 245,700.

Alibaba lays off nearly 10,000 employees to cut expenses amid poor sales
Updated On : 06 Aug 2022 | 3:37 PM IST

China simulating attack on main island in drills over Pelosi trip: Taiwan

China is carrying out its most provocative military drills in decades in the wake of House Speaker Nancy Pelosi's trip to Taiwan this week

China simulating attack on main island in drills over Pelosi trip: Taiwan
Updated On : 06 Aug 2022 | 11:09 AM IST

Oil prices fall as China slowdown spurs concern over demand outlook

Weekend data indicated a surprise contraction in Chinese factory activity, highlighting the cost of Beijing's preference for mobility curbs to tackle Covid-19

Oil prices fall as China slowdown spurs concern over demand outlook
Updated On : 01 Aug 2022 | 11:39 AM IST

China factory activity sees shock contraction on Covid-19 outbreaks

The official manufacturing purchasing managers index fell to 49 from 50.2 in June, the National Bureau of Statistics said Sunday

China factory activity sees shock contraction on Covid-19 outbreaks
Updated On : 31 Jul 2022 | 11:55 PM IST

Post-pandemic surprises and where the Indian economy truly stands today

To avoid getting caught up in possible group-think, we need to question the assumptions. Remember that there have been only two five-year periods when India has recorded rapid growth, writes T N Ninan

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Updated On : 29 Jul 2022 | 10:14 PM IST

China targets $148 bn in financing for cash-strapped developers: Report

China's property sector has been lurching from one crisis to another for the past year

China targets $148 bn in financing for cash-strapped developers: Report
Updated On : 28 Jul 2022 | 11:58 PM IST

China banks rush to raise debt as slowdown hikes potential bad loans

A record amount of fresh money has come from financial markets in China, with banks selling 29% more bonds in the first half of the year compared to last year

China banks rush to raise debt as slowdown hikes potential bad loans
Updated On : 28 Jul 2022 | 11:07 AM IST