Page 42 - China Economy
China's yuan firms despite weaker mid-point, but downward pressure builds
The strength comes even after the People's Bank of China set the midpoint rate at 6.3738 per dollar prior to market open.
 "China's yuan firms despite weaker mid-point, but downward pressure builds")
China basks in Covid Zero approach as other nations scramble for Omicron
Country closed border indefinitely at the beginning of the pandemic, intensifying its stringent curbs ever since.
 "China basks in Covid Zero approach as other nations scramble for Omicron")
China carbon emissions fall for first time since Covid rebound, report says
The world's biggest emitter of greenhouse gases saw CO2 emissions drop by around 0.5% in July-September from a year earlier.
 "China carbon emissions fall for first time since Covid rebound, report says")
China's meat imports drop to 20-month low in October: Customs data
Shipments in the first 10 months of 2021 were 8.05 million tonnes, down 1.5% from last year's volumes, the data showed.
 "China's meat imports drop to 20-month low in October: Customs data")
China Oct exports beat forecasts, offer buffer to slowing domestic economy
Imports, however, missed analysts' expectations, likely pointing to the overall weakness in domestic demand.
 "China Oct exports beat forecasts, offer buffer to slowing domestic economy")
China's nonferrous group suggests commercial reserves for metals: Report
China should improve its capability to secure nickel and cobalt resources and set up commercial reserves for the metals, an official with the China Nonferrous Metals Industry Association said.
 "China's nonferrous group suggests commercial reserves for metals: Report")
China's services sector activity expands at faster pace in October
The improved readings in the private survey, focuses more on small firms in coastal regions, stood in contrast to an official survey, which showed the expansion in the services sector lost some steam.
Yahoo leaves China for good, cites 'challenging' environment
The company stopped providing content for users in mainland China as of November 1, according to a statement published on its website
 "Yahoo leaves China for good, cites 'challenging' environment")
Asian factories shake off lockdown blues, now face supply headaches
Factory activity in October expanded in Vietnam, Indonesia and Malaysia as operations gradually normalised after being hit by shutdowns caused by a spike in COVID-19 infections.
 "Asian factories shake off lockdown blues, now face supply headaches")
Two thirds of China's top developers breach state's 'red line' on debt
Developers are facing rising financial stress as stricter rules around borrowing and a deleveraging campaign weigh on the sector.
 "Two thirds of China's top developers breach state's 'red line' on debt")
China factory activity contracts for second month as input woes continue
The official manufacturing Purchasing Manager's Index (PMI) was at 49.2 in October, down from 49.6 in September.
 "China factory activity contracts for second month as input woes continue")
China to strengthen tax reforms to attain 'common prosperity': Xinhua
China will "strengthen adjustments" in tax collection to boost revenue
Evergrande secures more than 3-month extension on defaulted $260 mln bond
The extension on the defaulted bond offers respite to the developer
 "Evergrande secures more than 3-month extension on defaulted $260 mln bond")
Chinese property bonds firm after Kaisa and Sunac make coupon payments
Chinese property bonds remained firm on Tuesday after the two major developers made coupon payments
Power crunch, chip shortage, green goal: China's challenges are growing
State planners have to balance their industrial ambitions with focus on lowering energy consumption and carbon emissions.
 "Power crunch, chip shortage, green goal: China's challenges are growing")
China looks at hiking industrial power price to ease supply crunch
The rate hikes for factories could come in the form of higher flat fees, or in rates that are linked to the price of coal
 "China looks at hiking industrial power price to ease supply crunch")
China's industrial profit growth slows for sixth month in August
Profits rose 10.1% on year to 680.3 billion yuan ($105 billion) last month compared with a 16.4% gain in July, data from China's statistics bureau showed on Tuesday.
 "China's industrial profit growth slows for sixth month in August")
China could be heading for power supply crisis after Evergrande shock
Almost half of China's regions missed Beijing's energy consumption targets and are now under pressure to curb power use.
 "China could be heading for power supply crisis after Evergrande shock")
Evergrande faces key deadline, investors await outcome on dollar bond
Evergrande, China's biggest property developer, ran into trouble over the past few months as Beijing tightened regulations in its property sector.
 "Evergrande faces key deadline, investors await outcome on dollar bond")
China's high-tech push seeks to reassert global factory dominance
TIANJIN, China (Reuters) - At a factory in China's north, workers are busy testing an automated vehicle designed to move bulky items around industrial spaces, one of a new generation of robots Beijing wants to shift the country's manufacturing up the value chain.