Soros said that President Xi Jinping may not be able to restore confidence in the troubled industry, which has been hit by a series of defaults by developers and falling prices for land and apartments
China's factory-gate prices grew at the fastest pace in 26 years in October while consumer inflation also accelerated to come above market expectations
Kaisa said late on Wednesday its October contracted sales dropped 30.5% to 8.195 billion yuan ($1.28 billion) from a year ago, while sales in the first 10 months rose 23%.
Intensifying concerns about China Evergrande Group's debt crisis dragged down everything from bank stocks to Ping An Insurance Group Co. and high-yield dollar bond
The phrase has been employed by govt agencies and researchers to explain actions against tech moguls, celebs and private tutors that fueled a $1.5 trn stock rout last month
Amidst the turmoil in markets, foreign investors have added to their holdings of stocks in Shanghai and Shenzhen every month since November via trading links
Baidu Inc. and NetEase Inc. fell more than 5% while Tencent Holdings Ltd. dropped 4.1%.
With losses in Chinese tech and education stocks now exceeding $1 trillion since February, the questions reverberating across trading desks from Shanghai to New York
GSMA said Wednesday that this year's edition of Mobile World Congress will no longer be held as planned in Barcelona, Spain, on Feb 24-27
BEIJING (Reuters) - Prices of new homes in China grew last year at the fastest rate since 2011, but moderated enough in December to calm fears of a speculative bubble bursting with disastrous economic consequences.
The train departed from China's international commodity hub Yiwu in Zhejiang Province yesterday
Growth slowed to 6.7 per cent in the first quarter compared with a year earlier, according to official data released on Friday morning in Beijing
The dramatic fall of China's stock market is "a test to evaluate the resilience of the Chinese economy", a state-run daily said Monday, assuring that the country's outlook is still bright.
CSI300 index rises 5.4%, Shanghai Composite Index gains 4.5%
the lot of a Chinese Equity Bull and an Indian Cricket Fan is very similar. The promise of reforms and thereafter a glorious era is always just around the corner
By the close of trading, the CSI300 index of the largest listed companies in Shanghai and Shenzhen had raced up 6.4 per cent
Unlike Greece, China's economy accounts for 16% of the global pie. Enough reasons for the world to sit up and take notice
Some U.S. investors say China's efforts to prop up its stock market had the opposite effect, though the sell-off now offers buying opportunities at what they say are panic-driven prices.
Sensex skids 500 points after Chinese indices drop 7%; India impact limited, say experts
About a week ago, the Asset Management Association of China pawned its credibility to join other government entities in an attempt to bolster the sinking Chinese stock market, which has suffered a drop in market capitalisation of more than $3 trillion since June. It issued a statement entitled "Beautiful sunlight always comes after wind and rain," in which it urged members to "seize the investment opportunity" even as the market had dropped by almost a quarter over the previous fortnight. The statement was a confused, curiously capitalistic-communist homily: "As we pursue personal profit, we should also pay attention to others' profits and not abandon our integrity as we grab for riches."If this sounds like it came out of a fortune cookie, such a suspension of logic appears to be guiding the government's response to the correction in China's stock markets. On Wednesday July 8, it was the turn of the People's Bank of China, which gave money to a Chinese government securities institution